4) KatyDid Clothes has a $160 million (face value) 25-year bond issue selling for 105 percent of par that carries a coupon rate of 12 percent, paid semiannually. What would be KatyDid's before-tax component cost of debt? (Round your answer to 2 decimal places.)

7) Suppose that TapDance, Inc.s, capital structure features 75 percent equity, 25 percent debt, and that its before-tax cost of debt is 7 percent, while its cost of equity is 12 percent. Assume the appropriate weighted average tax rate is 34 percent.' What will be TapDances WACC?'

10) BetterPie Industries has 6 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 15,000 bonds. Assume the common shares are selling for $48 per share, the preferred shares are selling for $25.50 per share, and the bonds are selling for 99 percent of par. What would be the weights used in the calculation of BetterPies WACC? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Equity weight %

Preferred stock weight %

Debt weight %