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Suppose a firm has 10.30 million shares of common stock outstanding at a price of $41.09 per share. The firm also has 122000.00 bonds outstanding

Suppose a firm has 10.30 million shares of common stock outstanding at a price of $41.09 per share. The firm also has 122000.00 bonds outstanding with a current price of $911.00. The outstanding bonds have yield to maturity 9.48%. The firm's common stock beta is 1.35 and the corporate tax rate is 38.00%. The expected market return is 9.15% and the T-bill rate is 4.50%. Compute the following: Weight of Equity of the firm

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