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Please show work. Thank you in advance Given the following information for UARE Inc. Find the WACC. Tax rate 35 percent Debt: Bonds outstanding: 6000

Please show work. Thank you in advance

Given the following information for UARE Inc. Find the WACC.

Tax rate35 percent
Debt:
Bonds outstanding:6000
Coupon on bonds:4 percent
Par value of bonds:$1000
Bonds selling at what percent of par:105
Bonds make coupon payments:semi-annually
Years to maturity of bonds25
Common Stock:
Shares Outstanding:185,000
Current price/share:$58.00
Beta:1.10
Market Information:
Risk premium:7 percent
Risk-free rate

5 percent

image text in transcribed Given the following information for UARE Inc. Find the WACC. Tax rate 35 percent Debt: Bonds outstanding: 6000 Coupon on bonds: 4 percent Par value of bonds: $1000 Bonds selling at what percent of par: 105 Bonds make coupon payments: semiannually Years to maturity of bonds 25 Common Stock: Shares Outstanding: 185,000 Current price/share: $58.00 Beta: 1.10 Market Information: Risk premium: 7 percent Riskfree rate 5 percent

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