A firm has $10 million common equity on the balance sheet. The firm's stock price is $25/share and the firm has won outstanding shares of stock. The firm has no preferred stock. The firm has total debt at a book value of $30 million but interest rate changes have increased the value of the debt to current market value of 130 million to compute WACC of the firm, the weight for equity should be and the weight for debt should be Select one b.45%: 65% c.2236 78% d. 42% 58% 55% 45% The Redman Company's curry outstanding bands have a 7.8 percent coupon and 12.4 percent yield to marity. Ron believe it what we may maturity. If its marginal tax rate is 15 percent, what is Rodman's fer-tax cost of debt? Select one: 9.30 b. 12.405