Please include work for 15. my calculator is not making any sense

WACC = WEXRET Wd X Rd Cl-Tax) Olli Discount Stores has 60 million shares of common stock with a book value of $12 per share and a current market price of $26 per share. A dividend of 80.75 is expected to be paid next year. Dividends are projected to grow at 3.50% each year thereafter. The firm's outstanding bonds have a total face value of $112 million, a maturity of 20 years, a 1.40% semi-annual coupon, and are selling currently for 105% of par value. The marginal tax rate is 21%. 11. What is the weight of equity? leo x26 - 1560 1560 A) 92.99% B) 7.01% C) 14.04% D) 85.96% 1677.6 112 x 105%= (17.6 92.99% 12. What is the weight of debt? A) 92.99% 117.6 B) 85.96% 7.01% C) 14.01% D) 7.01% 16726 13. What is the cost of equity? 11. What is the cost of elebt? N - 20x2=40 I-? 2.56x2= 1.12. Pr. -117.6 Pm7=112X.014 22.784 P112 A) 0.56% B) 1.24% C) 2.2496 D) 1.12% 15. What discount rate should Olli Inc use to evaluate its projects? A) 6.33% B) 25,90% C 6.00% 0595 D) 4.97% (92 -9949 3.038) +60701 X )(!) . 79 5