Taunton's is an all-equity firm that has 154,000 shares of stock outstanding. The CFO is considering borrowing $269,000 at 7 percent interest to repurchase 23,000 shares. Ignoring taxes, what is the value of the firm? Multiple Choice $2,327,615 $1,801,130 $1,886,899 $2,058,435 $2,216,776 A firm has a cost of debt of 5.6 percent and a cost of equity of 14.5 percent. The debt-equity ratio is 1.14. There are no taxes. What is the firm's weighted average cost of capital? Multiple Choice 9.01% 8.78% 8.13% 10.27% 9.76%