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The following information applies to the Coetzer Company: Coetzer has 345,000 share of common stock outstanding at $57.69 a share. It also has bonds outstanding

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The following information applies to the Coetzer Company: Coetzer has 345,000 share of common stock outstanding at $57.69 a share. It also has bonds outstanding with a total face value of $10 million. Coetzer 's has 10,000 bonds paying 12 percent semi annually with a 15- year maturity, and a current price of 115% for each bond. Coetzer will pay a $3.75 per share dividend next year. The company pledges to increase its dividend by 5.5 percent per year, indefinitely. Coetzer's tax rate is 40 percent. What is the company's after-tax cost of debt? What is the company's cost of common equity? What are the market value capital structure weights of the firm's debt and equity? What is WACC of this company

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