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attached are the previous answers in order to attain the correct answer for part 5. DEF Company faces a 20% tax rate. Using the correct

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attached are the previous answers in order to attain the correct answer for part 5.
DEF Company faces a 20% tax rate. Using the correct answers from the previous parts, what is the company's WACC? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include the percentage sign in your answer WACC = Number DEF Company has existing debt issued three years ago with a coupon rate of 6%. The firm just issued new debt at par with a coupon rate of 6.6%. What is DEF Company's pre-tax cost of debt? Enter your answer as a percentage. Do not include a percent sign in your answer. Enter your response below. 6.6 Correct response: 6.6 Click "Verity to proceed to the next part of the question DEF Company has 4 million common shares outstanding and 2 million preferred shares outstanding, and its equity has a total book value of $30 million, its debt has a market value of $35 million. IT DEF Company's common and preferred shares are priced at $23.55 and $31.9, respectively, what is the market value of DEF Company's assets? Enter your answer in millions of dollars V 133 Correct response: 193 million Click "Verity to proceed to the next part of the question DEF Company's current share price is $23.55 and it is expected to pay a $0.56 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 2.5% per year. What is an estimate of DEF Company's cost of equity? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answer Enter your response below. 4.84 Correct response: 4.84te.es Cack "Verity to proceed to the next part of the question > DEF Company also has preferred stock outstanding that pays a $2.1 per share fixed dividend. If this stock is currently priced at $31.9 per share, what is DEF Company's cost of preferred stock? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answer Enter your response below 6.58 Correct response: 5.58

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