DEF Company has existing debt issued three years ago with a coupon rate of 6%. The firm just issued hew debt at par with a coupon rate of 5,5%. What is DEF Company's pre-tax cost of debt? Enter your answer as a percentage Do not include a percent sign in your answer Enter your response below. 11.5 Correct response: 5.520.01 Click "Verify" to proceed to the next part of the question PEF Company has 5 million common shares outstanding and 1 million preferred shares outstanding, and its equity has a total book value of $80 million. Its debt has a market value of $20 million. If DEF Company's common and preferred shares are priced at $24 8 and $25.15, respectively, what is the market value of DEF Company's assets? Enter your answer in millions of dollars V = Number million Click "Verify" to proceed to the next part of the question Section Attempt 1 of 1 Verify