Filer Manufacturing has 6 million shares of common stock outstanding. The current share price is $89, and the book value per share is $8. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $85 million, has a 6 percent coupon, and sells for 96 percent of par. The second issue has a face value of $60 million, has a 7 percent coupon, and sells for 109 percent of par. The first issue matures in 21 years, the second in 9 years. The most recent dividend was $6.1 and the dividend growth rate is 8 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 is 35 percent. Required: What is the company's WACC? (Do not round your intermediate calculations.) Multiple Choice Rates of Return An investor earned an arithmetic average return over 4 years of 13.4%. The first year's return was 13.9%, the second year's return was 3.20%, the third year's return was 24.7%. What was the fourth year's return? Multiple Choice O 21.09% O O 20.28% O 13.40 Sixx AM Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 21 percent, and its cost of debt is 10 percent. If the tax rate is 34 percent, what is the company's WACC? Multiple Choice 14 98 11.83 15772. 16 56 . 20 of 50 . 498% 183 5.77 656 1/ 3