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Use the following information to answer the next five questions: Consider the after-tax cash flows below from a project that is being considered by Despondus

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Use the following information to answer the next five questions: Consider the after-tax cash flows below from a project that is being considered by Despondus Corporation. Since the project is an extension of the firm's current business, it carries the same risk as the overall firm. 1 Year 0 1 2 3 4 5 Cash Flow $479,000 $103,000 $67,000 $107,000 $92,000 $102,000 Despondus Corporation's common stock is currently priced at $124.05, and there are 713,000,000 shares outstanding. A dividend of $4.16 per share was just paid, and dividends are expected to grow at a constant rate of 5.48% per year. The company has 8,120,000 bonds outstanding that mature in 15 years and are currently priced at $943 per bond. The coupon rate is 11.35%, and the bonds make semiannual interest payments. The company's tax rate is 33%. What is Despondus Corporation's after-tax cost of debt? B I VA - A - IX E E CO E VO HTML Editori 11 xxE 12pt - Paragraph - ??? ???? x (1 -0.33) N = 30 PV = -943 PMT = ?? FV = 1000 CPT 1% = ?? x 2 = ??? p> span 21 words Question 23 2 pts What is Despondus Corporation's weighted average cost of capital (WACC)

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