3.3. hio Inc. has a beta of 1.2 and its debt-to-equity ratio is 1.5. The risk-free rate is 3.8% and the global market risk premium is 7.5%. Although Ohio is a US firm, it issued Swiss Franc (SF) denominated bond and converted SF to US dollar. The semi-annual interest payment is made in SF. The coupon rate is 9%, the price of the bond is quoted at 102, the face value is SF1,000, and the bond matures in 30 years. The exchange rate is expected to move from SF0.9200/S to SF0.9000/S. Ohio's tax rate is 40%. (11 points) a. What's Ohio's SF cost of debt? b. What's your best estimate of Ohio's US dollar cost of debt? c. What's Ohio's cost of equity? d. What's Ohio's WACC