Question 13 1 pts A company just paid a dividend of $3.42, they plan to increase the dividend by 10.6% next year, by 7.7% in two years and then 2.0% each year forever after that. Expected return for their stock is 9.6%. They have 6,751,785 shares outstanding. The company also has 123,440, $1000.00 face value, 15 year, semi annual bonds issued 9 years ago. The bond has a coupon of 6.3%. Current market rates are 6.7%. It does not have any preferred stock. What is the weight of debt for this company?