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solve pls Business In Motion (BIM) is expected to pay dividends in the coming year at the rate of $21 per share. It currently sells

solve pls
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Business In Motion (BIM) is expected to pay dividends in the coming year at the rate of $21 per share. It currently sells for $40 and dividends are expected to grow constantly at the rate of 4%. BIM is funding a new project. 30% of funds take the form of debts and the rest is obtained by issuing new stock. The marginal tax rate is equal to 20% and the yield to maturity on BIM bonds is 7%. Calculate the WACC. Use four decimal points in your final answer Show steps in the reasons box

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