Question: how is this done? Question No 2 (7 marks) You have collected the following information: Common shares: there are 3.9 million shares outstanding and the

 how is this done? Question No 2 (7 marks) You have

how is this done?

Question No 2 (7 marks) You have collected the following information: Common shares: there are 3.9 million shares outstanding and the price of each share is $104 Bonds: 200,000 bonds outstanding, $1000 par value for each bond, 5.5% annual (paid semi-annually), 9 2 years to maturity, and market price equal to $750. O coupon You know that the market risk premium is 5.1%, the risk free rate is 3.4%, and the tax rate is 0%. You also decide to use the beta of the industry as an input to calculate the cost of equity. The equity beta of the industry is 1.3 and the industry's debt to equity ratio is equal to 0.4. What is the company's WACC

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