Answer Questions 11-13 Please. Thank You!!

11. a. Calculate the required rate of return for Mercury Inc., assuming that the risk free rate of return is 5%, the expected market return is 11 percent, and Mercury has a beta of 1.66. 15% b. 16% 17% d. 18% e. None of the above C. 12. Chuckney Industries has a target capital structure of 60% debt and 40% common equity. Their cost of equity is 12% and the yield to maturity on the company's bonds is 9%. If the current corporate tax rate is 40%, what is their weighted average cost of capital? a. 8.04% b. 10.5% c. 10.8% d. 11.5% e. none of the above 13. Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9% and coupons are paid semiannually. The bond is currently selling for $795.89 per $1,000 bond. What is the yield to maturity? a. 5.0% b. 9.0% 10.0% d. 11.5% none of the above c. e. 11. a. Calculate the required rate of return for Mercury Inc., assuming that the risk free rate of return is 5%, the expected market return is 11 percent, and Mercury has a beta of 1.66. 15% b. 16% 17% d. 18% e. None of the above C. 12. Chuckney Industries has a target capital structure of 60% debt and 40% common equity. Their cost of equity is 12% and the yield to maturity on the company's bonds is 9%. If the current corporate tax rate is 40%, what is their weighted average cost of capital? a. 8.04% b. 10.5% c. 10.8% d. 11.5% e. none of the above 13. Suppose we have a bond issue currently outstanding that has 25 years left to maturity. The coupon rate is 9% and coupons are paid semiannually. The bond is currently selling for $795.89 per $1,000 bond. What is the yield to maturity? a. 5.0% b. 9.0% 10.0% d. 11.5% none of the above c. e