Assume the following balance sheet information: (10 points)Book ValuePrice per unit# of unitsCoupn RateMaturityBonds$100,000,000$1,000100,0008%10 yearsCommon Stock$275,000,000$1005,000,000Retained Earnings$400,000,000Let the tax rate = 34%. Assume that the beta of the common stock is 1.2, the risk-free rate is 2%, and the market premium is 8%. Assume the firm would like to increase its debt so that its L, the percentage of debt financing, is 40%.a) Determine the new ATWACOCb) Determine the new Cost of Equityc) Determine the new value of the firm if the cash flows may be represented as a constant growth of 6%.d) Determine the new price of the common stock

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