QUESTION 9 BIG Inc. have a market capitalization of $14.6 billion. The company is expected to pay a dividend of $4.40 per share and each share trades for $88. The growth rate in dividends is expected to be 4% per year. Also, BIG Inc. has $5.4 billion of debt that trades with a yield to maturity of 6.75%. If the firm's tax rate is 21%, what is the WACC ? O a. 7.43% O b.9.26% O c. 6.72% O d. 8.01%

BIG ind. have a market capitalization of $14.6 bilior. The pompany is expected to pay a dividend of $4,40 per share and each share irades for Sad The growth rate in dividends is expectod to be 4 \%er year. Aso, BiG inc has $5.4 blion of debt that trades with a yield to maturity of 6.75%. If the firm's tax. rate is 21%, what is the WACC ? a. 7.43% b. 9.26% c. 6.72% d. 801%