107. You decide to finance a new innovation system with issuance of 5 million, shares of 10 years and 4% coupon bond with yield to maturity of 6%, 10 million shared of preferred stock with dividend of 3$ and return of 10%, and 900 milion shares of common equity at the current price of $25 per share. If it's common has a beta of 1.25 and long term risk free rate is 3% and market risk premium is 6%. what is the weighted average cost of capital, assuming a tax rate of 40%. Do not consider Flotation cost. (show work in excel)

101. Bobski Co. targeted proportion of equity financing of a firm that plans to issue 1 million shares of equity issue with a par value of $0.01 and current stock market price $38/share. Bobski. Co. also plans to issue $15 million par value 5 year maturity bond with a coupon rate of 4% and yield to maturity of 9.1637% to finance its new capital projects, given the tax rate of 40%? (show work in excel)

111. Changing Capital Structure: Currently consists of 20% debt, 10% preferred stock, and 70% common equity. Pre-tax cost of debt is 4%, cost of preferred stock is 6%, and cost of common equity is 16%. Change in its weighted average cost of capital if firm want to implement new capital structure with 60% common equity and 15% debt, and 25% preferred stock if the cost for these components are 3% after tax cost of debt, 8% cost of preferred stock, and 15% cost of common equity. Firm tax rate 40%. (show work in excel)