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Please answer with calculation steps, thank you Question 14 The following information is provided: Xena Corp. 2019 Average borrowing rate for debt 6.2% Stock Beta

Please answer with calculation steps, thank you

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Question 14 The following information is provided: Xena Corp. 2019 Average borrowing rate for debt 6.2% Stock Beta 1.73 Book value of Debt ($MM) $110.7 Book value of Equity (MM) $145 Stock price/share at year end $25.83 # of shares outstanding (MM) 10 Marginal Tax Rate 27% The 10 year Treasury bond yield is 3%, and historical market risk premium is 5.2% What is Xena's WACC

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