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XYZ company has 12 year bonds issued six years ago. The bonds have current selling price of 1036.95. They have a quarterly payment of 15.00

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XYZ company has 12 year bonds issued six years ago. The bonds have current selling price of 1036.95. They have a quarterly payment of 15.00 The company pays a 20 tax rate. The company's dividends have a growth rate of 2% and their next dividend will be 2.72. The current price of the stock is 34.00. The company has no preferred stock and is comprised of 40% debt. What is the WACC 0.0878 0.077 0.0618 0529

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