Calculate Aloy Corp.s weighted average cost of capital if the firm has 1,500,000 shares outstanding that trade at $40 per share. Aloys stock has a beta of 1.2. Aloy has $30,000,000 of outstanding bonds that offer a yield to maturity of 12%. Analysts estimate there is 5% chance of Aloy defaulting on its debt and that the expected loss per dollar of debt equals 40%. Aloys marginal tax rate equals 35%. The risk-free rate equals 2% and the expected return on the stock market equals 9%. please using Excel and show the formula.