HELP: These calculations are similar to those your did for Practice Problem 13-9. Also, you should see the file named "17-SAMPLE COMPANY WACC CALCULATIONS.pdI" provided to help you setup your spreadsheet for these WACC calculations. INSTRUCTIONS FOR WACC CALCULATION As she headed toward her boss's office, Kim Holland, Chief Financial Officer for the Global Manufacturing, Inc., had just completed her review of the firm's capital structure in 2022 and needs your assistance in determining the firm's Weighted Average Cost Of Capital (WACC) for 2022. WACC CALCULATIONS Based on the financial data provided below on the WACC worksheet calculate the following for Global Manufacturing, Inc.: 1) CALCULATE: After-Tax COST (\%) of both bonds and common stock. (Do not round intermediate calculations and round your answer to 3 decimal places. (e.g., 32.168)) 2) CALCULATE: Current Market Values (\$) of both bonds and common stock. (Do not round intermediate calculations and round your answer to nearest whole dollar. (e.g., 32.168)) 3) CALCULATE: Current Market Value WEIGHT (\%) of both bonds and common stock. (Do not round intermediate calculations and round your final answer to 3 decimal places. (e.g., .32.168)) 4) CALCULATE: Weighted Average Cost of Capital (WACC) for Global Manufacturing. (Do not round intermediate calculations and round your answer to 3 decimal places. (e.g., 32.168)) Global Manufacturing, Inc. has two bond issues outstanding. The first bond issue (BOND \#1) has a face value (or book value) of $6,391,704 and a coupon rate of 7.42% and sells for 104.30% of PAR value and matures in 12 years. The second issue (BOND \#2) has a face value (or book value) of $6,019,916 and a coupon rate of 6.80% and sells for 106.90% of PAR value and matures in 24 years. Both bonds make semiannual payments. The tax rate is 21.00%. Global Manufacturing, Inc. has 3,719,930 shares of common stock outstanding. The current share price is $18.95. Global's stock has a beta of 1.22 . The risk-free rate is 3.02%, and the market risk premium is 7.00%. What is Global's Weighted Average Cost of Capital (WACC)? SUGGESTION: Copy your worksheet from Practice Problem 13-9 into the CASE STUDY DATA SHEET and then replace the Data Inputs of Problem 13-9 with the CASE STUDY Data Inputs using cell reference formulas. Global's Weighted Average Cost of Capital (WACC) = 0.000%