10) Branson Manufacturing has a target debt to equity ratio of .65. Its cost of equity is 12% and its pretax cost of debt is 6%. If the tax rate is 23%, what is the company's Weighted Average Cost of Capital (WACC)? 11) A company has two components in its capital structure: common stock and debt. Its common stock has 2,000,000 shares outstanding and its market price is $45.21 per share. Its debt includes only one bond issue and that bond is a zero coupon bond yielding 7% and due in 8 years with a maturity value of $110,000,000. What is the weight of each component in the capital structure? 12) Stockton Mineral Operations (SMO) currently has 570,000 shares of stock outstanding that sell for $90 per share. Determine the share price and new number of shares outstanding if: a) SMO has a five for three stock split: b) SMO has a 10% stock dividend: c) SMO has a 2 for 3 reverse stock split