Brannan Manufacturing has a target debt-equity ratio of 70. Its cost of equity is 13 percent and its cost of debt is 6 percent. If the tax rate is 24 percent, what is the company's WACC? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Dani Corporation has 4 million shares of common stock outstanding. The current share price is $76, and the book value per share is $7. The company also has two bond Issues outstanding. The first bond issue has a face value of $105 million, a coupon rate of 5 percent, and sells for 95 percent of par. The second issue has a face value of $90 million, a coupon rate of 4 percent, and sells for 107 percent of par. The first Issue matures in 25 years, the second in 8 years. Suppose the most recent dividend was $4.60 and the dividend growth rate is 5.1 percent Assume that the overall cost of debt is the weighted average of that Implled by the two outstanding debt issues. The tax rate is 22 percent. What is the company's WACC? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Ursala, Incorporated, has a target debt-equity ratio of 110. Its WACC IS 8.5 percent, and the tax rate is 25 percent. 8. If the company's cost of equity is 13 percent, what is its pretax cost of debt? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) b. finstead you know that the aftertax cost of debt is 6.3 percent, what is the cost of equity? (Do not round Intermedlate calculations and enter your answer as a percen rounded to 2 decimal places, c.9., 32.16.)