The Paulson companies year in balance sheet is shown below. It's cost of common equity is $18\%.$ It's before tax cost of debt is $11\%$ and it's marginal tax rate is $25\%$ assume that the firms long$-$term debt sells at par value the firms total debt, which is the sum of the company, short term debt and long$-$term debt equals $1133.$ The firm has $576$ shares of common stock outstanding that sell for four dollars per share.