15. Assume newly formed Corporation ABC needs to raise AED 1 million in capital so it can buy office buildings and the equipment needed to conduct its business. The company issues and sells 6,000 shares of stock at AED 100 each. Current risk free rate is 2%, market risk premium is 4% and the company has a beta coefficient of 10. Corporation ABC then sells 400 bonds for AED 1,000 each. The purchasers of the bond expect a yield of 5% return its corporate tax rate is 35% Calculate the following to the nearest two decimal place (20 points, 4 ca.) 15a. (4 pts) Cost of Debt After Tax 15b (4 Pts) Cost of Equity: Capital bo lity Index:P Present Value 15c. (4 pts) Weight of Debt: 15d. (4 pts) Weight of Equity 15. (4 Pts) Weighted Average (WACC): Page 7 of 7