Calculation of individual costs and WACC Chevron Corporation (CVX) has 1,867,304,005 shares of common stock outstanding and selling at \\( \\$ 88.28 \\) per share. Chevron also has \\( 28,046,814 \\) bonds outstanding with a \4.308 coupon rate and \\( \\$ 1,000 \\) par value, maturing in 22 years, making annual interest payment, and selling for \\( \\$ 1,094.38 \\). 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 \\%. (Round to two decimal places.) \\begin{tabular}{cc} \\hline Year & Dividend \\\\ \\hline 2019 & \\( \\$ 4.76 \\) \\\\ 2018 & \\( \\$ 4.49 \\) \\\\ 2017 & \\( \\$ 4.35 \\) \\\\ 2016 & \\( \\$ 4.30 \\) \\\\ 2015 & \\( \\$ 4.28 \\) \\\\ 2014 & \\( \\$ 4.19 \\) \\\\ \\hline \\end{tabular}