42 USE CORP X data from 39, 40, and 41. CORP Xs' balance sheet shows $300 million in debt, $50 million in preferred stock, and $250 million in total common equity. Find the WACC? 39 CORP X can issue preferred stock at a price of $50 a share with an annual dividend of $4.50 a share. What is the company's cost of preferred stock? 40 CORP X currently outstanding 30 year 11% coupon bonds have a yield to maturity of 8%. We believe it could issue new semi annual bonds at par that would provide a similar yield to maturity. If its marginal tax rate is 35%, what is LL's after-tax cost of debt? 41 CORP X has a beta of 0.8. The yield on a 3-month T-bill is 4%, and the yield on a 10-year T-bond is 6%. The market risk premium is 5.6%, and the return on an average stock in the market last year was 15%. What is the estimated cost of CORP X common equity using the CAPM? cost of common Equity Equity -[RF & & & Rom] = (helt XS. (0) [ 10.46%