question 1 & 2 please

Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.65. Its cost of equity is 14.0 percent, and its cost of debt is 9.0 percent. Required: If the tax rate is 36 percent, what is the company's WACC? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g. 32.16).) WACC: % Regions, Inc., has 6.1 million shares of common stock outstanding. The current share price is $61.10, and the book value per share is $4.1. Regions also has two bond issues outstanding. The first bond issue has a face value of $70.1 million, a 7.1 percent coupon, and sells for 97.5 percent of par. The second issue has a face value of $35.1 million, a 6.6 percent coupon, and sells for 96.5 percent of par. The first issue matures in 21 years, the second in 13 years. Required: (a) What are the company's capital structure weights on a book value basis? Market value weight of equity: 0.1921 Market value weight of debt: 0.8079 (b) What are the company's capital structure weights on a market value basis? Market value weight of equity: 0.7848 + Market value weight of debt: 0.2152 + (c) Which are more relevant, the book or market value weights? Bond value