Jedi Enterprises stock trades for $45 per share. It is expected to pay a $1.6 dividend at year end, and the dividend is expected to grow at a…. Jedi Enterprises stock trades forÿ$45ÿper share.ÿIt is expected to pay aÿ$1.6ÿdividend at year end,ÿand the dividend is expected to grow at a constant rate ofÿ2.1%ÿa year.ÿThe before-tax cost of debt isÿ5.4%,ÿand the tax rate isÿ35%.ÿThe target capital structure consists ofÿ40%ÿdebt andÿ60%ÿcommon equity.ÿWhat is the company’s WACCÿ(inÿpercent)ÿif all the equity used is from reinvested earnings?