Question 18 3 pts You have been assigned to calculate the weighted Average-Cost-of-Capital (WACC) for your small firm. The company has sources of long-term capital. Its marginal tax rate is 23% First, there are 2,354,000 shares of common stock outstanding, which are currently trading at $37.51 per share. Recently, your firm announced Earnings per Share (EPS) of $3.32. You expect earrings to grow at 1.55% per year indefinitely Second, there is an issue of 42,500 coupon bonds outstanding. These bonds have a face value of $1,000, mature in seventeen years, and pay 5.74% annual coupons. These instruments are currently trading for $923.16. Based on the assumption, use the Gordon Growth Model to estimate a reasonable return on the firm's stock 10.81% 10.40% 2.89 10.54% 8.68%