BHP Billiton, An Australian company's stock, has a beta of $0\mathrm{.}90.$ The expected return on the market is $10\mathrm{.}50$ per cent, and Treasury bills are

yielding $3\mathrm{.}40$ per cent. Further, the company has a debt issue outstanding with $23$ years to maturity that is quoted at $120$ per cent of face value.

The issue makes semiannual payments and has an embedded cost of $6$ per cent annually. It considers a debt$-$equity ratio of $0\mathrm{.}60$ and a $22$ per

cent corporate tax rate. This year, the company has an EBIT of $$3\mathrm{.}15$ million. Depreciation, the increase in net working capital, and capital

spending were $$265,000,$$$105,000,$ and $$495,000,$ respectively. You expect that over the next five years, EBIT will grow at $15$ per cent per year,

depreciation and capital spending will grow at $20$ per cent per year, and NWC will grow at $10$ per cent per year. It also has $$19\mathrm{.}5$ million in debt

and $400,000$ shares outstanding. After Year $5,$ the adjusted cash flow from assets is expected to grow at $3\mathrm{.}50$ per cent indefinitely.

Answer the following five $(5)$ questions based on the above information and enter only the number as an answer, for example, $1234\mathrm{.}56.$ Two

$(2)$ marks for each correct answer, a total of ten $(10)$ marks.

What is the cost of equity $(\%)?$

What is the post$-$tax cost of debt $(\%)?$

What is the WACC $(\%)?$

What is the value of the company $($$$)?$

What is the price per share $($$$)?$