brick and mortar has 200 shares of common stock outstanding at a market price of $37 per share. the firm recently paid an annual dividend in the amount of $1.20 per share and has a dividend growth rate of 4 percent. the firm also has 5 bonds outstanding with a face value of $1,000 per bond that are selling at 99 percent of par. the bonds have a coupon rate of 6 percent and a yield to maturity of 6.7 percent. all interest is tax deductible. if the tax rate is 21 percent, what is the weighted average cost of capital? multiple choice 5.93% 6.87% 6.37% 6.54% 7.08%
