Part Firm WACC Intel Corp. engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. Intel's stock is currently trading at $51 per share, with 4.253 Billion shares outstanding. The total market value of the interest-bearing debt is estimated to be $82.5 Billion. There is no preferred stock. The corporate tax rate is 22%. a) (3 pts) What are the weights of debt and equity based on market values? b) (3 pts) Intel has equity beta of 0.71. If the risk-free rate is 2.6%, market risk premium is 5%, what is Intel's cost of equity? c) (4 pts) Intel's 20-year long term bonds currently has a market value of $97.5 based on a $100 face value, with an annual coupon rate of 5% paid semiannually. What is the after tax cost of debt? d) (2 pts) What is intel's WACC? a) Market Value Weight *** Debt Equity Total *** b) c) Semi-annual YTM Kd Kd(1-T) d) WACC ****