Question 10 (0.2 points) A firm has a market capitalization (market value of equity) of $8 Billion and net debt of $14 Billion. Calculate the weight of debt in the firm's weighted average cost of capital (WACC) calculation. [Note: Enter your answer as a percentage rounded to two decimal places.) Your Answer: Answer units View hint for Question 10 Question 11 (0.2 points) Calculate the net debt of a firm with a market capitalization (market value of equity) of $93 Billion, market value of debt of $18 Billion, and $2 billion in cash and equivalents. (Note: Enter your answer in Billions; for example, if you calculate the net debt to be $10 Billion, then enter just 10 in the answer box.) Your Answer: Answer View hint for Question 11 Question 12 (0.2 points) A firm has determined its target capital structure and it after-tax cost for each source of capital. What is the firm's weighted average cost of capital (WACC)? (Enter your answers as a percentge rounded to 2 decimal places) Source of Capital Long-term Debt (after taxes) Preferred Stock Common Stock Proportion 30% 1096 Cost 5% 60% 145 Your Answer: Answer Hide hint for Question 12 Weight average cost of capital= weight of long-term debt cost of debt(after tax)+weight of preferred stock cost of preferred stock+ weight of common stock cost of equity (or common stock) Question 13 (0.2 points) Saved In which one of the following situations would the payback method be the preferred method of analysis