Question 25 (12 points) A major corporation in Abu Dhabi has ambitious expansion plans and need to raise the finance in order to fund it. It decides to obtain this funding from the selling of stock on the UAE stock the issuance of bonds. The Current risk free rate is 7%, but the market rate is 12%. The corporation has a beta value of 2. The par value of the stock was set at 20 AED a share, but in fact had a market value of 30 AED and 100,000 shares were issued. The corporation also sold 200,000 5-year bonds at 25 AED with a bond yield of 6% Corporation tax is presently at 15% a. What is the after-tax cost of debt? $ (2 points) b. What the cost of equity? $. 2 points) What is the weight of debt? _%12 points) d. What is the weight of equity? % (2 points) e. What is the weighted average cost of capital (WACC)? % (4 points)