p die cost of equity by comparing the ce go 12. Assuming a firm has bonds outstanding, the best way to determine the firm's cost of debt is the A. yield to maturity on the firm's bonds. B. coupon rate of competitor's bonds. C. yield to maturity of a competitor's bonds. D. coupon rate of the firm's bonds. 13. Alphabet, Inc. (GOOGL) has a 40 percent debt/asset ratio; assume a tax rate of 16 percent. The average yield to maturity on GOOGL's bonds is 3 percent. Your market analyst estimates that the risk-free rate is 1 percent and that the market risk premium is 7 percent. The firm's beta coefficient is 0.97. What's Alphabet's weighted average cost of capital (WACC)? (Round to the nearest tenth of a percent) A. 5.7 percent B. 7.3 percent C. 6 percent D. 5.9 percent idering a silver exploration