Part 1: Suppose your employer is considering a sizable capital investment, and you have been asked to update the company's weighted average cost of capital (WACC). The investment will be for the expansion of the company's core business operations. After a bit of research, you have developed the following data: The company has 150 million shares of stock outstanding. The stock is presently trading for $27.49 per share, and has a beta of 1.15. Next year's annual dividend will be $3.12, and is expected to grow 2% annually. T-Bills are presently yielding 3.0% The expected return on the stock market index is roughly 12%. . Five years ago, the company sold $3 billion of 30-year bonds at face value. The bonds have a 6.0% coupon, paid semiannually The bonds are presently trading for 108% of face value. The company's marginal tax rate is 21%. . . Assignment: A) Develop the values for each of the variables in the Cost of Capital formula. Show your calculations and the resulting values on the back of this page. Please be neat and organized, and circle your answers. What is the Weighted Average Cost of Capital you calculated? Please show your answer as a percentage to two decimals B) Answer: Your response should clearly show how you arrived at the