This Question: 10 pts 9 of 15 (5 complete) This Test: 100 pts Adjusted WACC. Hollydale's is a clothing store in East Park. It paid an annual dividend of $2.50 last year to its shareholders and plans to increase the dividend annually at 2.0%. It has 500,000 shares outstanding. The shares currently sell for $21.25 per share. Hollydale's has 10,000 semiannual bonds outstanding with a coupon rate of 7.5%, a maturity of 16 years, and a par value of $1,000. The bonds are currently selling for $874.08 per bond. What is adjusted WACC for Hollydale's if the corporate tax rate is 35%? What is the adjusted WACC for Hollydale's if the corporate tax rate is 35%? % (Round to two decimal places.) possi WACC. Eric has another get-rich-quick idea, but needs funding to support it. He chooses an all-debt funding scenario. He will borrow $2,692 from Wendy. who will charge him 5% on the loan. He will also borrow $2,154 from Bebe, who will charge him 7% on the loan, and $1,154 from Shelly, who will charge him 13% on the loan. What is the weighted average cost of capital for Eric? What is the weighted average cost of capital for Eric? O % (Round to two decimal places.)