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A company's stock has a beta of 1.34. The market return is 10.60 percent and the risk-free rate is 3.50 percent annually. The company also

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A company's stock has a beta of 1.34. The market return is 10.60 percent and the risk-free rate is 3.50 percent annually. The company also has a bond outstanding with a coupon rate of 8 percent and semiannual payments. The bond currently sells for $941 and matures in 16 years. The par value is $1000. a. What is the company's cost of equity? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the company's pretax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) c. If the tax rate is 30 percent, what is the after tax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) d. If the company's debt-equity ratio is.50, what is the weighted average cost of capitol? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) a. Cost of Equity b. Semiannual YTM Pre-Tax Cost of Debt (Annual YTM) c. After Tax Cost of Debt d. WACC PRIR

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