will give good rating!

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 45%. It has 560,000 shares outstanding the shares currently sell for $27 41 per share. Hollydales has 19,000 semiannual bonds outstanding with a coupon rate of 8.5%, a maturity of 15 years, and a par value of 51,000. The bonds are currently selling for $1.245 01 per bond. What is the adjusted WACC for Hollydale's if the corporate tax rate is 40%? What is the adjusted WACC for Hollydale's if the corporate tax rate is 40%? U (Round to two decimal places)