Question: this is all that was provided PLEASE USE EXCEL TO ANSWER CARLY, Inc. shares have 551 million ordinary (common) stock outstanding and is trading at

 this is all that was provided PLEASE USE EXCEL TO ANSWER

this is all that was provided

PLEASE USE EXCEL TO ANSWER CARLY, Inc. shares have 551 million ordinary (common) stock outstanding and is trading at a price of $27 per share. Additionally, CARLY INC common stock has a beta of 1.1, the yield on treasury bills is 3%, and the expected market return is 13%. The company also has 1 million preferred stock outstanding, each worth $1 per share. The preferred stock currently pays a dividend of $4.00 per share and this is expected to continue indefinitely. Further, CARLY INC has $1 billion of bonds outstanding but these trade at 95% of their par value. When the bonds were issued, they were sold at par, promised to pay semi-annual coupons, and had an annual coupon rate of 5%. If the corporate tax rate is 21%, determine the WACC for CARLY Inc

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