Famas Llamas has a WACC of 10.4 percent. The companys cost of equity is 13.4 percent, and its cost of debt is 8.8 percent. The tax rate is 38 percent.

Required:

What is Famas target debt-equity ratio? (Do not round intermediate calculations. Round your answer to 4 decimal places (e.g., 32.1616).)

Ying Import has several bond issues outstanding, each making semiannual interest payments. The bonds are listed in the table below.

Bond	Coupon Rate	Price Quote	Maturity	Face Value
1	8.70%	105.7	7 years	$27,000,000
2	6.90	94.7	10 years	47,000,000
3	8.40	104.5	17.5 years	52,000,000
4	8.90	106.4	27 years	67,000,000

Required:

What is the market value of each of the company's bonds? (Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)

Bond	Market value
1	$
2	$
3	$
4	$

What is the market value weight of each of the company's bonds? (Round your answers to 4 decimal places (e.g., 32.1616).)

Bond	Weight
1
2
3
4

What is the YTM of each of the company's bonds? (Input your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)

Bond	YTM
1	%
2	%
3	%
4	%

If the corporate tax rate is 38 percent, what is the aftertax cost of the companys debt? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)

Aftertax cost of debt

%