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The stock in Bowie Enterprises has a beta of 110. The market risk premium is 770 percent and the risk-free rate is 3.21 percent annually.

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The stock in Bowie Enterprises has a beta of 110. The market risk premium is 770 percent and the risk-free rate is 3.21 percent annually. The company also has a bond outstanding with a coupon rate of 6.3 percent and semiannual payments. The bond currently sells for $944 and matures in 20 years. The par value is $1,000. a. What is the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) b. What is the company's semiannual YTM and pretax cost of debt? (Do not round intermediate calculations and enter your answer os a percent rounded to 2 decimal places, e.g., 32.16.) c. If the tax rate is 40 percent. What is the after-tax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) d. If the company's debt-equity ratio is .54, what is the weighted average cost of capital? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) a. Cost of Equity b. Semiannual YTM Pre-Tax Cost of Debt c. After-Tax Cost of Debt d. WACC 26 10

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