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Titan Corporation has 6 . 5 million shares of common stock outstanding and the total bonds outstanding is $ 1 2 5 Million with a

Titan Corporation has 6.5 million shares of common stock outstanding and the total bonds outstanding is $125
Million with a pretax cost of debt at 6.2%. The common stock currently sells for $54.65 per share and has a beta of
1.08. The market risk premium is 6.2 percent, T-bills are yielding 4.4 percent, and the company's tax rate is
21 percent.
Titan Corporation has 6.5 million shares of common stock outstanding and the total bonds outstanding is $125
Million with a pretax cost of debt at 6.2%. The common stock currently sells for $54.65 per share and has a beta of
1.08. The market risk premium is 6.2 percent, T-bills are yielding 4.4 percent, and the company's tax rate is
21 percent.
Part A: Calculate the Following:
Please show the formulas
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