Fletcher Manufacturing has 10.6 million shares of common stock outstanding. The current share price is $32 and the book value per share is $6. Fletcher Manufacturing also has two bond issues outstanding. The first bond issue has a total face value of $74 million, a coupon rate of 5.8%, and sells for 97% of par. The second issue has a face value of $68 million, a coupon rate of 5.3%, and sells for 93% of par. The first issue matures in 13 years, the second in 7 years, Suppose the company's stock has a beta of 0.9. The risk- free rate is 3.5% and the market risk premium is 7.2%. Assume that the overall cost of debt is the weighted average implied by the two outstanding debt issues. Both bonds make semi-annual payments. The tax rate is 40% What is the firm's market value weight of equity? (Report answer in percentage terms and round to 2 decimal places. Do not round What is the firm's market value weight of debt? (Report answer in percentage terms and round to 2 decimal places. Do not round What is the firm's cost of equity? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate What is the firm's cost of debt? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate What is the firm's WACC? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations. When using previous answers use the rounded answer as it was given in the answer box). Topic: WACC