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The Gunther Company's capital structure consists of 7 4 % equity and 2 6 % debt. Gunther currently has a stock price of $ 4

The Gunther Company's capital structure consists of 74% equity and 26% debt. Gunther currently has a stock price of $43, the company expects to pay a dividend next year of $3.0, and expects that the dividends will grow at a constant rate of 3% per year forever. Gunther's debt is currently priced at $1,000, has 21 years to maturity, and has an annual coupon rate of 6.0%. Gunther has a tax rate of 20%. Given this information, what is Gunther's WACC?

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