WACC problem: calculate the percentage weight for bonds. Bonds Common Stock Loan Other Info 8% bonds 1 million shares outstanding $3.8 million loan T-bill rate = 3% Beta = 1.6 10,000 bonds outstanding YTM = 9% APR = 7.5% with annual compounding S&P500 return = 8% Last dividend = $1.40 Tax rate = 35% Growth rate = 7% 6 years left Semi-annual bonds When solving, do not round intermediate values. Answer in percentage form, without the % sign, rounded to two decimal places (e.g. 9.25)