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Suppose you are estimating the WACC for Orlando Inc. It has the following data from its balance sheet: total debt = $320200 million; total equity=$17080

Suppose you are estimating the WACC for Orlando Inc. It has the following data from its balance sheet: total debt = $320200 million; total equity=$17080 million. It has 20 million shares outstanding, and its stock is trading at $4232 per share. Your analysis shows that the company's current borrowing rate is 7%, and that the cost of equity is 13%. If the company marginal tax rate is 30%, what is its WACC?

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