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Please usethe following information to answer the questions: A company has asked you to compute its WACC. You have gathered the following information: Debt: 25,000,

Please usethe following information to answer the questions:

A company has asked you to compute its WACC. You have gathered the following information:

Debt:25,000, 7% coupon bonds outstanding, 15 years to maturity, selling for 92% of par. The bonds have $1000 par and make semi-annual payments.

Common Stock:450,000 shares outstanding selling for $75 per share, the beta is 1.3.

The expected return on the market is 13%, the risk-free interest rate is 5%.

Preferred Stock:10,000 shares outstanding, selling for 100 per share, the annual dividend is $12.

The company's tax rate is 21%.

1-Find the company's after-tax cost of debt (please express your answer in hundredths and in percent without the percentage sign)

2- Find the cost of raising $1 of preferred stock (please express your answer in hundredths and in percent, without the percentage sign)

3- Find the cost of raising $1 of common equity.Please express your answer in hundredths, and as a percentage but without the percent sign.

4- Find the value of the firm.

5- Find the MV weight for debt (to the nearest thousandth)

6- Find the MV weight for preferred stock (to the nearest thousandth)

7- Find the MV weight for common stock (to the nearest thousandth)

8- Find the WACC.Express your answer as a percentage without the percentage sign and two digits after the decimal.

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