If instead you know that the afterlax cost of debt is 0.4 percent, what is the cost of equy Finding the WACC Given the following information for Clean Power Co find the WACC me the company's tax rate is 35 percent Debt 7,000 6 percent coupon bonds outstanding, $1,000 par value, 20 years to maturity, selling for 105 percent of par; the bonds make semiannual payments Common stock 180,000 shares outstanding, selling for $58 per share the bets is 1.10. Morket: 6.5 percent market risk premium and 4.3 percent risk free rate