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Cost of Capital. Exhume Scientific has had a very eventful two-year period. Use the following data to answer the two questions. 2019 Cost of debt

  1. Cost of Capital. Exhume Scientific has had a very eventful two-year period. Use the following data to answer the two questions.
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2019 Cost of debt 4.60% Beta 1.36 Tax rate 26.0% Market risk premium 5.0% 90 day Treasury bill rate 1.00% 10 year Treasury note rate 2.20% 30 year Treasury bond rate 2.60% Shares outstanding (millions) 32.00 Equity $432,500,000 Debt $3 50,400,000 Share price (eoy) $12.00 2020 5.80% 1.68 26.0% 5.0% 1.20% 2.40% 3.20% 34.50 $435,100,000 $590,100,000 $14.50

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