3) Winters prefers to finance its capital spending with 35 percent debt, 25 percent internal equity, and 40 percent external equity. The floatation cost of debt is 5.2 percent while it is 9.1 percent for equity. What is the weighted average flotation cost?

Group of answer choices

7.63%

6.49%

6.28%

7.74%

5.46%

4) Leos Cars has a beta of 1.1 and its R_WACC is 13.6 percent. The market risk premium is 7.2 percent, and the risk-free rate is 2.3 percent. The firm's cash flow at Time 4 is $28,800 with a growth rate of 2.1 percent. What is the value of the firm at Time 4?

Group of answer choices

$273,584.91

$260,729.20

$247,399.38

$251,004.16

$255,693.91