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Dani Corporation has 3 . 4 million shares of common stock outstanding. The current share price is $ 8 4 . 5 0 and the

Dani Corporation has 3.4million shares of common stock outstanding. The current share price is $84.50 and the book value per share is $8.75.The company also has two bond issues outstanding. The first bond issue has a face value of $ 71million, a coupon rate of 5.1 percent, and sells for 95.5 percent of par. The second issue has a face value of $43 million, a coupon rate of 5.7percent, and sells for 104.5 percent of par. The first issue matures in 21 years, the second in 9 years. The most recent dividend was $3.98and the dividend growth rate is 4.1 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate 21 percent.
A. What is the company's cost of equity (in percent)
B.What is the company's aftertax of cost (in percent )
C.What is the company's weight of equity (not in percentage)
D.What is the company's weight of debt (not in percentage)
E. What is the company's WACC (in percent)

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