WACC

AYY Inc. has a debt outstanding with a market value of $$9,000,000$ and $160,000$ common shares

currently trading at $$46$ each. The firm has a tax rate of $0\mathrm{.}32.$ The yield on the debt is $7\%$ per

annum. AYY's beta is $1\mathrm{.}15,$ the risk$-$free rate is $1\mathrm{.}9\%,$ and the expected return on the market is

$8\%.$

a$.$ What is the weight of equity?

$\%$

Round your answer to two decimals

b$.$ What is the cost of equity according to CAPM?

$\%$

Round your answer to two decimals

c$.$ What is the after$-$tax cost of debt?

$\%$

Round your answer to two decimals

d$.$ What is the weighted average cost of capital?

$\%$

Round your answer to two decimals