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Inputs for WACC ( Re computed using CAPM only ) LT Debt: 1 1 , 0 0 0 bonds outstanding of a 5 - year

Inputs for WACC (Re computed using CAPM only)
LT Debt: 11,000 bonds outstanding of a 5-year maturity; 1050= PV; 5.2%= Coupon Rate
(Semiannual)
Common Stock: 52,000 shares outstanding; $32 price today
Preferred Stock: 14,000 shares, 4.6% dividend yield ( $100 part), $96 share price
Other CAPM Information:
ERm=9%
Rf=3.00%
Beta =1.18
Tax Rate =21%
Question:_What is the WACC (please show inputs on Excel)?(10 Points)
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