Sling Shot Inc. has 50 million shares of common stock outstanding. The book value per share is $24 per share. The market price of the stock is $76 per share. The firm's beta is 1.7. T-bills yield 1.6%,

and the market risk premium is 7.2%. The firm has 6 million outstanding bonds. The bonds carry a 5.4% annual coupon, paid semi-annually, $1000 face value, and 15.5 years to maturity. These bonds

currently sell for $955 each. The firm has a 21% tax rate. Compute the firm's WACC. Keep answer to four decimal places.

uestion 3 14 points Save Anower Sling Shot Inc. has 50 million shares of common stock outstanding. The book value per share is $24 per share. The market price of the stock is $76 per share. The firm's beta is 1.7. T-bills yield 1.6% and the market risk premium is 7.2%. The firm has 6 million outstanding bonds. The boods carry a 5.4% anmaal coupon, paid semi-annually, $1000 face value, and 15.5 years to maturity. These bonds currently sell for $955 each. The firm has a 21% tax rate. Compute the firm's WACC. Keep four decimal places. Show your work and highlight your final answers. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) * Met T Y O