from question 2:

Beta: 2.14

expected rate of return: 7.83%

Home Insert Page Layout Formulas Data Review View of cut A- A = = d 16 Wrap Copy Paste BI UTE&A E Format Merge N26 x fx 1 Question 3 (3 Marks) 2 Refer to Question 2. Now that Anna has determined an appropriate rate 3 of return for J Corp.'s stock, she must calculate the firm's Weighted Average 4 Cost of Capital (WACC). There are currently 53.6 Million 5 J Corp. common shares outstanding. Each share is currently priced at 6 $17.73 As well, the firm has 10,000 bonds outstanding and each 7 bond has a face value of $10,000, a yield to maturity of 3.81% and a 8 quoted price of $10,181.60.J Corp.'s tax rate is 30%. 9 J Corp. has no preferred shares outstanding. 11 What is J Corp.'s WACC? Enter Answer 12 (Round your answer to one one-hundredth of a percent) Enter your Final Answer Here 14 Complete your rough work in the space below 10 13