Suppose you have been hired as a financial consultant to Milton Fabricators LLP (MALT, a large publicly traded firm that is the market share leader in radon detection systems (RDS). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSs. The project will require an investment of $11.0 million dollars and the president of the company wants to be sure she understands her cost of capital before going ahead with the decision Market information for the latest year-end (Dec-31-19) is as follows: Debt Common Stock The company has issued 26,700 bonds, each with a par value of $1,000 and a coupon rate of 6 60 percent (payable semi- annually). The bonds were issued 4 years ago with a 30 year maturity. They are currently selling for $983.00 each 470,000 common shares have been authorized (with 385.000 shares issued and outstanding) Common shares are selling for 558.000 per share 106,000 preferred shares have been authorized with 82,000 issued and outstanding). The closing price of preferred shares was $55100 per share. Preferred Stock MFL uses G. M. Wharton as its lead underwriter Wharton charges MFL 5.00 percent commission on new common stock issues, 500 percent on new preferred stock issues, and 300 percent on new debt issues Wharton has included all direct and indirect flotation costs in these rates The preferred shares were issued six years ago and pay an annual dividend of $1260 per share. Last year, MFL declared and paid a common share dividend of $1600 per share. This represented a 5.00 percent growth in the common share dividend (a rate that is expected to continue into the future) and a dividend payout ratio of 40100 percent also expected to continue into the future). MFL's tax rate is 45.00 percent. Preliminary year-end results show net earnings after interest taxes and preferred share dividends) for the year ending Dec-31-19 is $20 million decimal places A. Use market values to calculate the weight of outstanding bonds, preferred and common shares, enter your answer in whole numbers: eg 1000.000 not 10 million Don't onter the dollar sign) 1. What is the total market value of outstanding bonds on Dec-31-19? $ 2. What is the total market value of all issued preferred shares on Dec-31-19? $ 4.518,20 3. What is the total market value of all issued common shares on Dec 31-19? $ 22.330.0 4. What weights are assigned to debt, preferred shares and common equity on Dec-31-19? (Note: I'm only looking for the weights here, not WACC.)? Weight % Description Debt Preferred Common Total dele B. Calculate the after-tax cost of debt: 1. If the par value of each bond is $1,000, what is the yield-to-maturity? % Activate