A companys Balance Sheet (in millions)

Assets Liabilities & Equity

Current $30

Net Fixed $70 Bonds ($1000 Par) 75

Total $100 Common Stock ($1 par) 25

Total $100

The company's bonds have a coupon rate of 9% with semi-annual payments, and currently sell for $1085. The maturity of those bonds is 12 years.

The companys applicable tax rate is 40%.

The common stock dividend has grown at a steady rate from $0.72 in December 1990 to $1.25 in December 2000. The same growth rate is expected to continue for long time in the future.

The floatation cost for new common stocks is 10%. The market value of the common stock is $12.

Next year is 2001.

8-What is the market value of debts weight?

a) 14.38%

b) 37.78%

c) 32.93%

d) 21.34%

e) 12.54%

f) None of the above

9-What is the market value of equitys weight?

a) 85.62%

b) 62.22%

c) 67.07%

d) 78.66%

e) 87.46%

f) None of the above

10-What is the cost of issuing new common stock?

a) 15.2%

b) 18.6%

c) 17.9%

d) 21.4%

e) 23.6%

f) None of the above

11-What is the WACC of the company using the market weights of capital structure?

a) 11.36%

b) 16.01%

c) 15.09%

d) 18.65%

e) 16.54%

f) None of the above

I will rate! I need to see the work/formulas. Thank you!