1. You are given the following information about a company: There are 1000 shares of stock outstanding and the price is $7 per share There are 5 bonds outstanding. Each has a face value of $1000, has 5 years to maturity, and pays a 6% coupon semi-annually The yield to maturity on the bond is 5%. The corporate tax rate is 30% The Beta on the stock is 1.1, the risk-free rate is 2%, and the return on the market is 8%. (15 points) What is the percentage debt and percentage equity for the firm? Use market values. (15 points) What is the weighted average cost of capital (WACC) for the firm?