(WACC) Margo Corporation is a major producer of tawn care products. Its stock currently sels for $10 per share there aro 10.5 million shares outstanding. It has dobe with a book value of 400 million Margo bonds yield 6% and trade at 100% of face value Bonds mature in 10 years. The risk-free rate is 8% the market risk premium is 9% and Margo has a beta equal to 0.8. The tax rate is 34%. The WACC is (WACC)Davos Inc recently hired you as a consultant to estimate the company's WACC. You have obtained the following normation (1) The firm's roncaltable bonds mature in 20 years have an 8.00% annual coupon, a par value of $1,000, and a market price of 1,000.00.42) The company's tax rate is 17%. (3) The risk teoretis 4.60%, the market risk premium in 5,50%, and the stock's bota in 0.1. (4) Tho target capital structure consists of 83% debt and the balance is common equity. The from uses the CAPM to estimate the cost of equity, and it does not expect to any new common stock. Then the WACC round your intermediate calculations.) (Do not