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The Pautson Company's year-end balance sheet is shown below. Its cost of common equity is 179 , lits before-tax cost of debt is 11%, and

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The Pautson Company's year-end balance sheet is shown below. Its cost of common equity is 179 , lits before-tax cost of debt is 11%, and its marginal tax rate is 25%. Assume that the firm't long-term debt wells at par value, The firmix total debt, which is the sum of the company's short-term debt and long-term debt, equals 31,159 . The firm has 576 shares of common steck outstandind thet sell for 14.00 per share

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