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I need help with case 53 Henderson Radio from the book Cases in financial management 2nd edition by Joseph M . Sulock. a.Henderson's bonds are

I need help with case 53 "Henderson Radio" from the book "Cases in financial management" 2nd edition by Joseph M . Sulock.

a.Henderson's bonds are selling at 90% of par value and the firm's MV/BV ratio is 1.5. Estimate the firm's WACC using market value weights.

b.How will the use of market value weights in WACC calculations enable Henderson radio to make better investment decisions?

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