Use the information to answer the following questions. - The Global Advertising Company has a marginal tax rate of 30% . The company can raise debt at a 10% interest rate. . The last dividend paid by Global was $2. Global's common stock is selling for $20 per share, and its expected growth rate in earnings and dividends is 8%. - Global plans to finance all capital expenditures with 20% debt and 80% equity. What is the firm's weighted average cost of capital if the firm has sufficient retained earnings to fund the equity portion of its capital budget? Select one: O a 11.599 Ob 15.709 . % Oo. 13.95% O d. 12.37% e. 16.44% Continued from the previous question. Assume that the floatation cost of new stock issuing is 1.5%. What is Global's cost of common stock if it has to issue new common stock? Select one: O a. 19.85% O b. 18.98% O c. 17.78% . d. 18.85% e18.23% Use the information to answer the following questions. The Xxx Company has a marginal tax rate of 40%. The company can issue new bonds at par that would provide a 13% YTM . . The firm's beta is 1.4. the T-bill rate is 5%, and the market return is 12% The firm's long-term debt currently sells at par value for $1,500. . The firm has 350 shares of common stock outstanding that sell for $10 per share What is XXX's capital structure based on market weights? Select one: O a. 40% in debt. 60% in equity. b. 70% in debt, 30% in equity O c. 60% in debt, 40% in equity. . Od 50% in debt, 50% in equity. e 30% in debt, 7096 in equity Continued from the previous question. What is the firm's weighted average cost of capital? Select one O a. 15.70% Ob 9.00% oc 12.70% O d. 11.50% e e. 13.95%