[Note: For part (e) below, you may use PV and PVA equations or PV and PVA tables to find YTM by trial-and-error method. However, you are required to show all detailed steps and computations clearly. Otherwise, marks will not be given even though you could give the correct YTM./ (e) (1) What is the yield-to-maturity (YTM) of the coupon bonds (B1), that is (YTMB)? (2) What is the after-tax cost of debt/bond of B1 (RB1 Aflertax)? (5 marks) [Note: For part (1) below, you are required to use equation/formula (NOT by table) and show all detailed steps and computations clearly. It should NOT be done by trial-and-error method. Otherwise, marks will not be given even though you could give the correct YTM.) 4) What is the yield-to-maturity (YTM) of the zero-coupon bonds (B2), that is (YTM??)? (2) What is the after-tax cost of debt/bond of B2 (R12 Aflerta)? (4 marks) (g) Based on the above, what is the weighted average cost of capital (WACC) of the firm? (3 marks) Common stock 2,000 shares of common stock outstanding, The common stock currently sells for $110 per share. The company has just paid a dividend of $1 per share and the dividends are expected to grow at 10 percent per year. Preferred stock 1,000 shares of 5 percent (dividend rate) preferred stock outstanding with $100 par value per share. The preferred stock currently sells for $50 per share. Bonds The company has two types of bonds outstanding: coupon bonds (B1) and zero-coupon bonds (B2). Both bonds have annual compounding. Their bond features are shown below. Bond features Par Current market price (P. Quantity of bonds Years to maturity Coupon interest rate Compounding period Coupon Bonds (B1) $1,000 $877.1 200 bonds Zero-Coupon Bonds (B2) $1,000 $61.1 1,000 bonds 20 years 10 years 0 8% Annual compounding Annual compounding The firm's corporate tax rate is 20 percent