Question 21 8 pts You have been assigned to calculate the weighted Average-Cost-of-Capital (WACC) for your small firm. The company has two 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 frem announced Earnings per Share (EPS) of $3.32. You expect earnings 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 data provided, estimate the firm's Weighted-Average-Cost-of Capital (WACC) 8.84% 8.77% 9.30% O 8.29% 10.289 E No new data to save. Last checked at 6:18pm Sul