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Bolster Foods (B) balance sheet shows a total of 517 million long-term debt with a compon rate of 8.90%. The yield to maturity on this

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Bolster Foods (B) balance sheet shows a total of 517 million long-term debt with a compon rate of 8.90%. The yield to maturity on this debt is 8.00%, and the debt has a total current market value of 524 million. The balance sheet also shows that the company has to million shares of stock, and the stock hann a book value per share of $7.00. The current stock price is $30.00 per share, and stockholders' required rate of retum.. in l.a. The company recently decided that its target capital structure should have 20 debt, with the balance being common equity. The tax rate i 25 Calendate WACC based on book, market and target capital structures, and then find the son of these three WACC. Do not round your intermediate calculations O 29 0.25.11 0.31 22

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