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Comida corp. is a grocery store located in the midwest. It paid an annual dividend...

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Comida corp. is a grocery store located in the midwest. It paid an annual dividend of $2.00 last year to its shareholders and plans to increase the dividend annually at 4.0% forever. It has 500,000 shares outstanding. The shares currently sell for $28.5 per share. Comida Corp. has 10,000 semiannual bonds outstanding with a coupon rate of 7.5%, a maturity of 18 years, and a par value of $1,000. The bonds currently have a yield to maturity (YTM) of 6% per bond. What is the adjusted WACC for Comida Corp. if the corporate tax rate is 35%? What is the adjusted WACC for Comida corp. if the corporate tax rate is 35%? % (Round to two decimal places.)

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