Phillips Equipment Inc has 65,000 bond: outstanding that are each selling at $1,068 in the market. Each bond has 7 years left to maturity, a $1000 face value and a coupon rate of 5% Coupons are pa d semiannually. The company aiso has 2.4 million shares of common stock outstanding. The common stock has a beta of 1.4 and sills for $42 a share. The U.S. Treasury bill is yieiding 2.6 percent and the return on the market is 10 percent. The corporate tax rate is 35 percent. (a) Determine the firms market value waight for debt (Enter answers at a % to 2 decimal places) (b) Determine the firme market value waight for equity (Enter answers is a % to 2 decimal places) (c) What is the firms after tax costof debt? (Enter answers as a % to decimal places) (d) What ho the firms cost of eciulty? (Enter answers as a \% to 2 decimal places) (e) Using the information vou have found in the earlier parts, determine the Cost of Capital for Philips Equipment inc (Enter answers as -a $ to 2 decimal places)