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AYY Inc, has a debt outstanding with a market value of $9,000,000 and 160,000 common shares currently trading at $57 each. The firm has a

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AYY Inc, has a debt outstanding with a market value of $9,000,000 and 160,000 common shares currently trading at $57 each. The firm has a tax rate of 0.37. The yleld on the debt is 7% per annum. Ayr's beta is 1 , the risk-free rate is 1.1%, and the expected return on the market is 10%. a. What is the weight of equity? % Round your answer to two decimals b. What is the cost of equity according to CAPM? % Round your answer to two decimals c. What is the after-tax cost of debt? % Round your answer to two decimak d. What is the weighted average cost of capital? % Round your answer to two docimats

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