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XYZ Inc's common stock has a beta of 1.2 Proportion of equity financing is 0.55 and proportion of debt financing is 0.45.Risk-free rate is 1.5%,

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XYZ Inc's common stock has a beta of 1.2 Proportion of equity financing is 0.55 and proportion of debt financing is 0.45.Risk-free rate is 1.5%, expected return on the market is 4%, cost of debt is 5% (before taxes) and tax rate is equal to 35% What is XYZ'S WACC equal to

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