Question of Questions 2 points There are three consecutive problems that use the information belom Assure you have been hired as a consultant by cot a major producer of chemicals and parties, including grocery bags, Styrofoam cupt and letto estimate the firm wed average cost of the balance sheet and some other information are provided below Assets Current assets 5000000 Net plant, property and envipment toto 133,000,000 Latics and Equity Accounts paye Acas Current Long-term deb.000 bondi, S.000 para TO $ 100 STOOO 000 19.000.000 40.000.000 3597000/000 2.000.000 Sooooo Common stock 10.000.000 Shares kecained earning Totholders' equity OTO000 $139,000,000 Total liabilities and shareholders' equity Market value of $15.25 per share CGT has 51,000 par value. 20 year 7.25 coupon bonds with semiannual payments, seling for $875.00 Corsook beta 125 6-month Treasury bill yield 350 20 year Treasury bond yield -5.50 Required return on SL 500-11.50 The firm's tax rate is 40. Assuming CGT cost of equity is 13 percent, the best emate of the firm's WACC is closest to 10.85W 11.19 11.50 11 AN