Phillips Equipment lnc. has 72,000 bonds outstanding that are each soeng at $1056 in the machet Cach bondhas 8 years ket to common stock outstanding. The common stock has a beta of 115 and se ils for 536 a stiate. The US. Treasury bill is ylehting 3 percect and the return on the market is 9.5 percent. The corporate tax rate is 35 peccent. (a) Detemine the firms market value weight for debt (Enter answers as a 9 to 2 decimal places) (b) Determine the firms market value weight for equily (Enter answers as a $8102decimal places) (c) What is the lirms after tax cost of debt? (Enter answers as a 8 to 2 decimat places) (d) What is the firms cost of equity? (Enter answers as a %5 to 2 decimal places) (e) Using the information vou have found in the earlier parts, determine the Cost of Capital for Phalips Equipment Inc, (Enter answers as a % to 2 decimal places) \%