Reingaart Systems is expected to pay a $$4\mathrm{.}2$ dividend at year end

Reingaart Systems is expected to pay a $42 dividendat yearend(D1 = $4.2), the dividend is expected to grow at a constant rate of4.1% a year, and the common stock currently sells for $62 a share, The before-tax cost of debt is 8.4%, and the tax rate is 24%. The target capital structure consists of 75% debt and 25% common equity. What is the company*s WACC if all equity is from retained earnings? 0 8.11% 0 7.81%