Use the following information to answer questions $19$ through $24.$

A corporation has $10,000$ bonds outstanding with a $6\%$ annual coupon rate, $8$ years to maturity, a $$1,000$

face value, and a $$1,100$ market price. The company$$s $500,000$ shares of common stock sell for $$25$ per

share, have a beta of $1\mathrm{.}5,$ the risk$-$free rate is $4\%,$ and the market return is $12\%.$

$19.$ What is the market value of equity for this corporation?

A$.$ $$5$ million

B$.$ $$11$ million

C$.$ $$12\mathrm{.}5$ million

D$.$ $$4$ billion

E$.$ none of the above

$20.$ What is the market value of debt for this corporation?

A$.$ $$10$ million

B$.$ $$11$ million

C$.$ $$1$ billion

D$.$ $$1\mathrm{.}1$ billion

E$.$ none of the above

$21.$ What is the cost of equity for this corporation?

A$.6\%$

B$.12\%$

C$.16\%$

D$.22\%$

E$.$ none of the above

$22.$ What is the pre$-$tax cost of debt for this corporation?

A$.2\mathrm{.}69\%$

B$.4\mathrm{.}48\%$

C$.6\mathrm{.}00\%$

D$.8\mathrm{.}97\%$

E$.$ none of the above

$23.$ Assuming a $40\%$ tax rate, what is this corporation$$s after$-$tax cost of debt?

A$.2\mathrm{.}69\%$

B$.4\mathrm{.}48\%$

C$.6\mathrm{.}00\%$

D$.8\mathrm{.}97\%$

E$.$ none of the above

$24.$ What is the weighted average cost of capital for this company?

A$.9\mathrm{.}34\%$

B$.9\mathrm{.}77\%$

C$.10\mathrm{.}24\%$

D$.10\mathrm{.}61\%$

E$.$ none of the above