Question: 2,3,4 E 2 Points each question (10 Points Total) Q) Suppose a firm has 46.60 million shares of common stock outstanding at a price of

2,3,4
E 2 Points each question (10 Points Total) Q) Suppose a firm has 46.60 million shares of common stock outstanding at a price of $39.18 per share. The firm also has 331000.00 bonds outstanding with a current price of $1,189.00. The outstanding bonds have yield to maturity 6.43%. The firm's common stock beta is 2.04 and the corporate tax rate is 40.00%. The expected market return is 9.71% and the T-bill rate is 1.04%. Compute the following: -Weight of Equity of the firm -Weight of Debt of the firm -Cost of Equity of the firm After Tax Cost of Debt of the firm -WACC for the Firm
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