A Moving to another question will save this response. Question 2 Use the information provided below to calculate the cost of Capital (WACC) for Travelers Inn, Inc. (TII). Use all three methods to calculate rs (cost of ec your WACC calculation. . Til has 30,000 mortgage bonds outstanding with a current market price of $699 each. The $1,000 par value bonds have an 8% coupon rate (paid semiannually) and mature in 20 years. Til has a 40% marginal tax rate. Tll will issue 50,000 shares of new preferred stock that can be sold for $72.73 per share. There will be a 5% flotation cost for the new issue. The $100 par value preferred stock pays an 8% annual dividend. . Their existing common stock has a market price of $20 per share, with 4,000,000 shares outstanding. Do = $1, and analysts expect the dividend to grow at 12% for the foreseeable future. The company's reported beta is 1.5. The 10-year T-bond rate is 9%, and the expected market risk premium is 5.5%. Show your work to provide the necessary calculations for this problem. If you use Excel to complete your calculations, show your inputs for partial credit. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI S Paragraph Arial v 14px IX Q x X TI V 1 22 HH E. EX rd = 6%*2= 12% (N=20*2= 40, Pmt= -8% 1000/2= -40, Pv=699, Fv= -1000, calculated from excel) rps= Dps/(Pps*(1-F))= 100/(72.73*(1-5%))= I Wd