Note: Round your answers for each question as instructed. But carry your unrounded values forward to the later parts of the question where required. Planet Express has issued a 20-year, 5.0% half-yearly bond six years ago. The bond currently sells for 96.6% of its face value. The firm's tax rate is 40.0%. A) Using the above information only, find Planet Express's pre-tax cost of debt? 5.06 % per annum compounded annually (Round to two decimal places) Your last answer was interpreted as follows: 5.06 Incorrect answer. Suppose the book value of the above Planet Express coupon bond issue is $85.0 million. In addition, the company has a second debt issue, a zero-coupon bond with eight years left to maturity; the book value of this issue is $51.0 million, and it sells for 50.8% of par. B) Find the yield on Planet Express's zero-coupon bond as an EAR. 8.83 % (Round to two decimal places) Your last answer was interpreted as follows: 8.83 Correct answer, well done. Marks for this submission: 1.25/1.25. C) Given all of the above information, what is the overall pre-tax cost of debt for Planet Express now? 6.47 % (Round to two decimal places) Your last answer was interpreted as follows: 6.47 Incorrect answer. Assume that Planet Express has common equity with a cost of 15.4% per annum and a market value of $90.0 million. In addition, assume that they have a preference share issue with a cost of 11.2% per annum and that trades for a market value of $23.0 million. D) Find the WACC for Planet Express (assuming they operate under a classical taxation system). 10.13 % (Round to two decimal places) Your last answer was interpreted as follows: 10.13 Incorrect