6. The following table presents information for Company. Calculate the company cost of capital. lgnore taxes. Long-term debt outstanding $300,000 Current yield to maturity on debt 8% Number of shares of common stock 10,000 Price per share $50 Book value per share $25 Expected rate of return on stock 15% 7. Company is proposing to go public and you have been given the task of esti ating the value of its equity Management plans to ma tain det at 30% of the compay s present value, and you believe that at this capital structure the company's debtholders wil demand a return o 6% and stockholders wil roure 11%. The company is forecasting that next year's meating cash now depreciat n plus profit after tax at 40% wil be $68 milion and that investment in plant and net working capital wil be S30 milion. Thereafter operating h fo s and i est ent expenditures are forecast to grow in perpetuity by 4% a year. 1. What is the total value of Company? 2. What is the value of the company's equity