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24) Gugenheim, Inc., has a bond outstanding with a coupon rate of 5.7 percent and annual payments. The yield to maturity is 6.9 percent and

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24) Gugenheim, Inc., has a bond outstanding with a coupon rate of 5.7 percent and annual payments. The yield to maturity is 6.9 percent and the bond matures in 13 years. What is the market price if the bond has a par value of $2,000? A) $1,834.24 B) $1,803.41 C) $1,801.04 D) $1,796.18 E) $1,798.27 25) Take It All Away has a cost of equity of 11.05 percent, a pretax cost of debt of 5.40 percent, and a tax rate of 35 percent. The company's capital structure consists of 69 percent debt on a book value basis, but debt is 35 percent of the company's value on a market value basis. What is the company's WACA

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