3. Mr. Capital Structuring want you to compute the cost of capital of Fiaito-Ya Corp. He provides you with the following data: Expected S&P 500 Return 15% T-Bill 4% Marginal Tax Rate 40% Fiaito-Ya Beta 2.10 BBB Bond: Coupon 10% Avg Yield to Maturity 10% The company sold $ 5 million in bond in at par value in 2018 Current Book value of 2018 bonds $ 4 million Market price on Fiaito-Ya outstanding bonds $950 Current price of el Fiato-Ya Stock $ 60 Number of shares issued and outstanding 1 million Required: What is the cost of capital of Fiaito-Ya Corp