1. Star Makers, Inc., has an outstanding bond of $8,000,000 with a coupon rate of 6% that pays sem annually and a maturity of 20 years. The company has 400,000 outstanding shares of common stock that is currently trading at $19.50. The debt-to-equity ratio for the company is 1. The firm's beta is 0.92 and the expected market return is 9%. The risk free is 3.5% and the corporate tax rate is 21% a. What is the current value of the debt? b. What is the required return for the debt? c. What is the required return for the equity? d. What is the company's weighted average cost of capital