Phillips Equipment Inc. has 75,000 bonds outstanding that are each selling at \\( \\$ 1,003 \\) in the market. Each bond has 7 years left to maturity, a \\( \\$ 1000 \\) face value and a coupon rate of \4. Coupons are paid semiannually. The company also has 2.0 million shares of common stock outstanding. The common stock has a beta of 1.35 and sells for \\( \\$ 41 \\) a share. The U.S. Treasury bill is yielding 3.1 percent and the return on the market is 9 percent. The corporate tax rate is 35 percent. (a) Determine the firms market value weight for debt (Enter answers as a \\% to 2 decimal places) \ (b) Determine the firms market value weight for equity (Enter answers as a \ to 2 decimal places) (c) What is the firms after tax cost of debt? (Enter answers as a \ to 2 decimal places) (d) What is the firms cost of equity? (Enter answers as a \\% to 2 decimal places) \ (e) Using the information you have found in the earlier parts, determine the Cost of Capital for Phillips Equipment inc. (Enter answers as a \ to 2 decimal places) \