Caribou Caf corp. is evaluating its capital structure. The balance sheet of the company is as follows (in million AED) ( show the answer is detailed steps):

Assets		Liabilities
Fixed Assets	4000	Debt	3000
Current Assets	2000	Equity	3000

In addition, you are provided the following information:

-The debt is in the form of long term bonds which are currently rated AA and are selling at a yield of 15% (the market value of the bonds is 2/3 of the face value).

-The firm currently has 60 million shares outstanding, and the current market price is AED 90 per share.

-If the firm has to pay 15% interest to the bank and assumes 17% returns to the equity holders

-What is the value of the firm in book values 60,000,000 shares and the market price/share is AED90?

-What is the value of the firm in market values?

-What is the weighted average cost of capital?