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15. WACC. Assume the company's tax rate is 35%. (20 points) Given the following information for Hamilton Power Co., find the Debt 4,000 5% coupon

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15. WACC. Assume the company's tax rate is 35%. (20 points) Given the following information for Hamilton Power Co., find the Debt 4,000 5% coupon bonds outstanding, $1,000 par value, 15 years to maturity, selling for 105% of par, the bonds make semiannual payments. Common Stock: 90,000 shares outstanding, selling for $50 per share; the beta is l . Preferred stock 13,000 shares of 4% preferred stock outstanding, currently selling for $102 per share. .Market: 5% market risk premium and 0.03% risk-free rate

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