As a new financial analyst at Marvel Inc. you have been asked to evaluate the firm's cost of capital. Currently, the firm has 753.26 million shares outstanding and they currently sell for $90.43. The firm's historical beta is 1.16. Based on the current market conditions, the 10-year Treasury rate was 1.03% and the Equity Risk Premium was 6.43%. The marginal corporate tax rate was 21.00%. The firm's current book value of debt was $35,103.40 million which generated $982.10 million in interest expense. The average maturity of the debt on the balance sheet was 13.29. The firm also has off-book operating leases that have a present value of 12,539 million. Marvel is not rated but had an operating income of 2,800 million last year. The Synthetic Credit Ratings & Default Spreads based on Interest Coverage Ratios can be found below. + Interest Synthetic Default Spread Interest Interest la Coverage Coverage credit Ratio Ratio Rating Minimum Maximum 2.5 3.5 BB BBB BR 11.25% 3.5 4.5 1.00% What is the Market Value of Debt? Market Value of Equity? Cost of Debt? Cost of Equity? What is Marvel's cost of capital