ance) 10. If the financial Manager of Evergreen wants to decrease its cost of capital by adding more debt to its capital structure and arrive at a debt-equity ratio of 0.60. If its debt is in the form of a 6% semiannual bond issue outstanding with 15 years to maturity. The bond currently sells for 95% of its face value of $1000 On the other hand, suppose the risk-free rate is 3% and the market portfolio has an expected return of 9% and the company has a beta of 2. If the tax rate is 40%, calculate: The company's after-tax cost of debt (7 points) Enter your answer 11. Calculate the company's cost of equity (7 points) Enter your answer 12. What would be the company's overall cost of capital (WACC) at the targeted capital structure of debt equity ratio of 0.60? (8 Points) Enter your answer 13. If the company achieves this new cost of capital, would your investment decision change regarding the previous two investment opportunities? Explain your answer. (3 Points) Enter your