A companys stock has a beta of 1.34. The market risk premium is 7.10 percent and the risk-free rate is 2.60 percent annually.

The company also has a bond outstanding with a coupon rate of 8.2 percent and semiannual payments. The bond currently sells for $1,010 and matures in 16 years. The par value is $1000. The company's debtequity ratio is .47 and tax rate is 30 percent.

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. 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. What is the weighted average cost of capital (WACC)? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)