Get Yourself on the Dance Floor (ticker = DANZ) is a company specializing in organizing parties for college students who have passed a certain finance class. You have the opportunity to go to one of their events assuming you can help them with the computation of their WACC. The company's stock price is exist53.50: 60 million shares are outstanding. The stock's beta is 0.95. The historical market risk premium is 5.5%. Treasury bills of all maturities are earning 4.4%. DANZ currently has 4.75 million bonds outstanding. The bonds are priced at 95% of par, carry a 6% coupon rate which is paid semi-annually, and mature in 15 years. DANZ has a 35% tax rate. What is the weight on debt? a. 0.1438 b. 0.8562 c. 0.5843 d. 0.2238 Show work/explain here What is the required return on debt? a. 3.10% b. 6.20% c. 6.53% d. 8.00% Show work/explain here What is the required return on equity? a. 4.50% b. 9.625% c. 11.57% d. 7.675% Show work/explain here What is the firm's weighted average cost of capital? a. 6.48% b. 455% c. 7.15% d 11.57% Show work/explain here