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Snowbear has 370 bonds outstanding with a $1,000 face value. They have a stock price of $68 with 12,200 shares outstanding, a beta of 1.3

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Snowbear has 370 bonds outstanding with a $1,000 face value. They have a stock price of $68 with 12,200 shares outstanding, a beta of 1.3 and just paid a dividend of $3. The risk free rate is 2% and the market risk premium is 7.177%. The pretax cost of debt is 5.99% and the bonds sell for 95.1% of par value. The tax rate is 39%, what is the WACC of Snowbear

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