1. Global LLM has a cost of equity of 16% and a cost of debt of 9%. If the debt/equity ratio is 3, and the tax rate is 50%, what is the weighted average cost of capital (WACC) of Global LLM?

2. International Corp has an asset beta of 0.7 and an equity beta of 2.2. What is the share of debt financing of International Corp?

3) Sports.com is financed by 80% equity and 40% debt. It can borrow at 10%, its WACC is 13%, and its corporate tax rate is 50%. What is the market risk premium (rm rf) if the risk-free rate is 7% and the equity beta for Sports.com is 2.5?