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Question 19 1.5 pts You were recently hired as a consultant to estimate the company's WACC. You have obtained the following information. (1) bonds mature

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Question 19 1.5 pts You were recently hired as a consultant to estimate the company's WACC. You have obtained the following information. (1) bonds mature in 25 years, have a 7.5% annual coupon, a par value of $1.000, and a market price of $936.49, (2) The company's tax rate is 40%. (3) The risk-free rate is 6.0%, the market risk premium is 5.0%, and the stock's beta is 1.5. (4) The target capital structure consists of 40% debt and 60% equity. What is its WACC? 9.85% lar 11.91 D 1325 27 Story 100 Help

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