Calculation of individual costs and WACC Chevron Corporation $($CVX$)$ has $1,865,898,375$ shares of common stock outstanding and selling at $$89\mathrm{.}29$ per share. Chevron also has $30,138,916$ bonds

outstanding with a $3\mathrm{.}436\%$ coupon rate and $$1,000$ par value, maturing in $22$ years, making annual interest payment, and selling for $$1,093\mathrm{.}79.$ For the last six years, Chevron has paid the following dividends,

on its common stock.

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 $\%.$

Data table

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into a spreadsheet.$)$