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Suppose you have been hired as a financial consultant to Defence Electronics Inc., a large, publicly traded firm that is the market share leader in radon detection systems (RDSS). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSS. The project will require an investment of $11.0 million dollars and the president of the company wants to be sure she understands her cost of capital before going ahead with the decision. Market information for the latest year-end (December 31/2020) is as follows: Debt The company has issued 25,400 bonds, each with a par value of $1,000 and a coupon rate of 5.50 percent (payable semi-annually). The bonds were issued 7 years ago with a 25 year maturity. They are currently selling for $953.00 each. referred Stock 129,000 preferred shares have been authorized (with 123,000 issued and outstanding). The closing price of preferred shares was $58.60 per share. mmon Equity 511,000 common shares have been authorized (with 470,000 shares issued and outstanding). Common shares are selling for $82.00 per share. WACC New. Suppose you have been hired as a financial consultant to Defence Electronics Inc., a large, publicly traded firm that is the market share leader in radon detection systems (RDSS). The company is looking at setting up a manufacturing plant overseas to produce a new line of RDSS. The project will require an investment of $11.0 million dollars and the president of the company wants to be sure she understands her cost of capital before going ahead with the decision. Market information for the latest year-end (December 31/2020) is as follows: Debt The company has issued 25,400 bonds, each with a par value of $1,000 and a coupon rate of 5.50 percent (payable semi-annually). The bonds were issued 7 years ago with a 25 year maturity. They are currently selling for $953.00 each. referred Stock 129,000 preferred shares have been authorized (with 123,000 issued and outstanding). The closing price of preferred shares was $58.60 per share. mmon Equity 511,000 common shares have been authorized (with 470,000 shares issued and outstanding). Common shares are selling for $82.00 per share. WACC New