NOTE PLEASE I NEED ALL THE SUBPARTS WITH DETAILS***

Janet Adams, CFA, is reviewing Rival Companys financial statements. Rivals long-term debt total $35 million, while total shareholder equity equals $140 million. Rivals long-term debt has a YTM of 9%. Rivals tax rate is 40% and its beta is 0.9. Adams gathers the following additional facts:

Treasury bills earn 4.0%.

The risk premium of the stock is 4.05%.

19. Based on the information provided, Rivals after-tax cost of debt is closest to: *

A. 9%

B. 5.4%

C. 3.6%

D. 40%

E. None of the above

20. Based on the information provided, Rivals cost of equity is closest to: *

A. 8.05%

B. 4.05%

C. 7.65%

D. 7.64%

E. None of the above

21. Based on the information provided, Rivals weighted average cost of capital is closest to: *

A. 4.6%

B. 7.5%

C. 8.2%

D. 7.2%

E. None of the above