Question 8 0.4 pts DYK Inc.'s bonds currently sell for $1,240 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity, but they can be called in 7 years at $1,100. What is their yield to call (XTC)? 4.75% 6.69% O 6.77% 5.51% 7.17% 0.4 pts Assume that you are on the financial staff of Vanderhelden Inc., and you have collected the following data: The yield on the company's outstanding bonds is 7.8%, its tax rate is 30%, the next expected dividend is $0.90 a share the dividend is expected to grow at a constant rate of 7.00% a year, the price of the stock is $15.00 per share the flotation cost for selling new shares is F-9%, and the target capital structure is 45% debt and 55% common equity. What is the firm's WACC, assuming It must issue new stock to finance its capital budget? 8.94 07.789 10.32 8.75 09.66% 0.4 pts B Question 14 Questiul 12 Sapp Trucking's balance sheet shows a total of noncallable $45 million long-term debt with a coupon rate of 8.00% and a yield to maturity of 7.00%. This debt currently has a ' market value of $55 million. The balance sheet also shows that the company has 10 million shares of common stock, and the book value of the common equity common stock plus retained earnings) is $65 million. The current stock price is $25.00 per share; stockholders' required retum,'s, is 14.00%; and the firm's tax rate is 30%. The CFO thinks the WACC should be based on market value weights, but the president thinks book weights are more appropriate. What is the difference between these two WACCS? O 1.86% 1.97% 2.53% 2.28% 2.08%