You are given the following information concering MISid Enterprise: a Common Stock: 325,000 shares of common stock selling for $39.97 per share. The stock has a beta of 0.67 and will pay a dividend of $1.44 next year. The dividend is expected to grow by 2.50 percent per year indefinitely Preferred stock: 5,000 shares of 5.00 percent stock selling at $103 per share. Par Value is $100. Debt: 11,000 42 percent coupon bonds outstanding with 19 years to maturity and a quoted price of 104. Market: A 11.70 percent expected retum, a 2.10 percent risk-free rate, and a 20 percent tax rate. 2 Calculate the WACC for MTSid Enterprise. You are given the following information concerning MISid Enterprise: Common Stock: 325,000 shares of common stock selling for $39.97 per share. The stock has a beta of 0.67 and will pay a dividend of $1.44 next year. The dividend is expected to grow by 2.50 percent per year indefinitely Preferred stock: 5,000 shares of 5.00 percent stock selling at $103 per share. Par Value is $100. Debt: 11,000 4.2 percent coupon bonds outstanding, with 19 years to maturity and a quoted price of 104. Market: A 11.70 percent expected return, a 2.10 percent risk-free rate, and a 20 percent tax rate. Calculate the WACC for MTSid Enterprise