1 A company's stock has a beta of 1.34. The market risk premium is 7.90 percent and the risk-free rate is 3.30 percent annually. The company also has a bond outstanding with a coupon rate of 8.2 percent and semiannual payments. The bond currently sells for $1,010 and matures in 16 years. The par value is $1000. The company's debt-equity ratio is .46 and tax rate is 30 percent. 5 points a. What is the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) eBook References b. What is the company's pretax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the after-tax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) d. What is the weighted average cost of capital (WACC)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 13.89 % % a. Cost of Equity b. Semiannual YTM Pre-Tax Cost of Debt (Annual YTM) After-Tax Cost of Debt d. WACC % C % %