Common stock: 500,000 shares outstanding. $20 per share, beta =2.3 Bonds: 3,000 bonds outstanding, $1,000 face value each, 4.5% coupon paid semiannually, 9 years to maturity, market price of $1,015 per bond. Market risk premium =8%, yield on 30 day Treasury Bill =1.5%, Tax rate =25% What is Rex Inc's After Tax Cost of Debt? What is Rex Inc's WACC