ExtraWalk Corp. has 5,000 semiannual bonds outstanding with a coupon rate of 8.4041%, a maturity of 20 years, and a par value of $1,000. The bonds currently have a yield to maturity (YTM) of 8%. The company also has 120,000 of common shares outstanding and each share is currently trading at $40. The company paid an annual dividend of $10 last year to its shareholders and plans to increase the dividend annually at the rate of 2.0% forever. The corporate tax rate is 25%. Answer the questions below and eventually answer what is the adjusted WACC for ExtraWalk Corp.?

Use 4 decimals in all your calculations (round final answers to two decimals).

1. What is the cost of debt for the company? Enter using the %, for example if you obtain 0.20 then enter 20%

2. What is the interest payment per period for the bond? Do not enter dollar sign. Round to two decimals

3. How many interest payments are left for the bond of the company?

4. What is the discount rate per period to use in pricing the bonds? Enter using the %, for example if you obtain 0.105 then enter 10.50%

5. What is the market value of debt for the calculation of the WACC for the company? Do not enter dollar sign. Round to the nearest dollar (no decimals). Use comma to separate thousands.

6. What is the cost of equity for Easy? Enter using the % and TWO decimal places, for example if you obtain 4.20% then enter 4.20%

7. What is the market value of equity to be used in the calculation of the WACC for the company? Do not enter dollar sign. Round to the nearest dollar (no decimals). Use comma to separate thousands.

8. What is the value of E/V? Enter using the % and TWO decimal places, for example if you obtain 4.20% then enter 4.20%

9. What is (adjusted) weighted average cost of capital (WACC) for the company? Enter using the % and TWO decimal places, for example if you obtain 4.20% then enter 4.20%