9. Lilith Inc. issued bonds, which have 17 years left until maturity, pays a semi-annual coupon of 9% and is currently trading for $815. What is the company's cost of debt? 10. Mimi Meow's capital structure consists of 50% common stock, 20% preferred stock, and 30% debt. Further, analysts predict that their future cost of debt will be 4%, their cost of equity 12%, and their cost of preferred stock is 5%. The firm's tax rate is 35%. What is the company's WACC? 11. Mikey's Machines is trying to decide whether or not to invest in a new line of business renting equipment and wants to calculate their WACC. Assume that their capital structure consists of 35% common stock, 10% preferred stock, and 55% debt. Further, analysts predict that their future cost of debt will be 6% and their cost of preferred stock is 10%. We also know that the current price of common stock is $26 and that the common stock is expected to pay a $2.00 dividend and then continue to grow at a rate of 5%. The firm's tax rate is 35%. What is this firm's WACC? 12. A company is thinking about investing in a new project. The balance sheet reports that they currently have $36 million worth of long-term debt and $24 million worth of common equity. They also have 1.2 million shares of stock outstanding and the stock currently trades for $35 per share. They have no preferred stock. What is the weight of equity in the company's capital structure