NA 3001 Fall 2017 xercise #4 (10 points) of Comstock Inc. is presented below. Comstock Inc. has 10,000,000 outstanding shares stock is 1.45. Comstock als bonds outstanding (each individual bond has $1,000 face val 7%, The Risk Free Rate is 5%, and market portfolio offers an expected return of 149. The firm has a tax rate of 35% Calculate the weighted average cost comon stock with a market price of $30 per share. The equity beta of Comstock common total of$100,000,000 in book value of10% annual coupon These bonds have 10 years left to maturity and a market yield to maturity (YTM) of capital (WACC) for Comstock Inc. S 20,000,000 Current Assets Current Liabilities Long-Term Debt Total Liabilities s 40,000,000 $100,000,000 $140,000,000 Long-Term AssetsS150,000,000 Common Stock ($1.00 par) Retained Earnings Total Equity 10,000,000 S 90,000,000 S100,000,000 otal Assets Total Liabilities and Equity $240,000,000 icy tax ,35 .lo LouAn