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1)A firm has a cost of debt of 7.4 percent and a cost of equity of 13.7 percent. The debtequity ratio is 1.2. The tax

1)A firm has a cost of debt of 7.4 percent and a cost of equity of 13.7 percent. The debtequity ratio is 1.2. The tax rate is 21 percent. What is the firm's weighted average cost of capital?

WACC = ____%

2) Moon Interior's common stock is selling for $30 a share and has a dividend yield of 5 percent. What is the value of the dividend payment?

$_____

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