1. The following financial statement data pertains to Halsey, Inc
	Total Assets	$195,245
	Interest-Bearing Debt	$85,680
	Average borrowing cost	11.25%
	Common Equity:
	Book Value	$42,154
	Market Value	$135,849
	Marginal Income Tax Rate	37%
	Market Equity Beta	0.9
	Expected Market Premium	7.50%
	Risk-free interest rate	4.70%
a.	Calculate the company's cost of equity capital.		11%
b.	Calculate the weight on debt capital that should be used to determine Halseys weighted-average cost of capital.
c.	Calculate the weight on equity capital that should be used to determine Halseys weighted-average cost of capital.
d.	Calculate Halseys weighted-average cost of capital.