Calculation of individual costs and WACC Chevron Corporation $($CVX$)$ has $1,855,484,739$ shares of common stock outstanding and selling at $$89\mathrm{.}66$ per share. Chevron also has $29,830,690$ bonds outstanding with a $3\mathrm{.}383\%$ coupon rate and $$1,000$ par value, maturing in $27$ years, making annual interest payment, and selling for $$1,082\mathrm{.}99.$ For the last six years, Chevron has paid the following dividends,

a$.$ Calculate the market value weights for Chevron's capital structure.

b$.$ Calculate Chevron's cost of equity.

c$.$ Calculate Chevron's before$-$tax cost of debt.

d$.$ Calculate Chevron's current WACC using a $21\%$ corporate tax rate.

a$.$ The market value weight of long$-$term debt in Chevron's capital structure is

$\%.($Round to two decimal places.$)$

Data table

$($Click on the icon here in order to copy the contents of the data table below into a spreadsheet.$)$

$\backslash$table$[[$Year$,$Dividend$],[2019,$$$4\mathrm{.}77$