You are estimating the WACC of your firm. There are 15 million common shares outstanding with a market price of $45 per share. The stocks beta is 1.20, the risk-free rate is 2.2% and expected market return is 12.6%. There is a single bond issue outstanding with a face value of $500 million. Individual bonds have a face value of $10,000, 17 years to maturity, and a 5.0% coupon rate with semi-annual payments. The current bond quote is 95.6. The firms marginal tax rate is 35%.

Calculate the following: A. Cost of equity (nearest 1/100 of one percent without % symbol, e.g. 6.98)? Answer B. Cost of debt (nearest 1/100 of one percent without % symbol, e.g. 6.98)? Answer C. Weighting of equity (nearest 1/100 of one percent without % symbol, e.g. 6.98)? Answer D. Weighting of debt (nearest 1/100 of one percent without % symbol, e.g. 6.98)? Answer E. Weighted average cost of capital (nearest 1/100 of one percent without % symbol, e.g. 6.98)? Answer