P9-19 Calculation of individual costs and WACC Chevron Corporation (CVX) has 1,865,864,238 shares of common stock outstanding selling at $92.22 per share. Chevron also has 28,247,195 bonds outstanding with a 3.078% coupon rate, maturing in 30 years, and selling for 108.74% of par. For the last six years Chevron has paid the following dividends on its common stock: a. Calculate the market value weights for Chevron's capital structure. b. Calculate Chevron's cost of equity. c. Calculate Chevron's before-tax cost of debt. d. Calculate Chevron's current WACC using a 21% corporate tax rate