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Inc., has 7.9 million shares of common stock outstanding The current share price is $62 90, and the book value per share is $5.90. The

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Inc., has 7.9 million shares of common stock outstanding The current share price is $62 90, and the book value per share is $5.90. The company also has two bond of par. The second issue has a face value of issues outstanding. The first bond issue has a face value of $71.9 million, a coupon rate of 7. 4 percent, and sells for 88.5 percent $36.9 million, a coupon rate of 8.4 the semiannual payments. The tax rate is 40 percent 4 percent, and sells growth rate is 5 percent. Assume that the overall cost of debt is the weighted average of that impled by the two outstanding What is the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of equity 11 34% What is the company's aftertax cost of debi? (Do not round intermediate calculation s and enter your answer as a percent rounded to 2 decimal places,.g.32.16) Aftertax cost of debt What is the company's equity weight? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g. 32.1616 Equity weight What is the company's weight of debt? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g, 32.1616) Debt weight What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 declmal places, e.g, 32.16.) WACC

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