What is Classic Films Studio's 2022 after tax weighted average cost of capital? 27 ($ millions) 2021

What is Classic Films Studio's 2022 after tax weighted average cost of capital?

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27 ($ millions) 2021 2022 28 Total Assets $ 600.00 $ 700.32 29 Total Debt $ 200.00 $ 233.12 30 Total Equity $ 400.00 $ 466.88 31 Net Income $ 95.50 $ 116.50 32 Dividends $ 38.20 $ 46.60 33 Add to RE $ 57.30 $ 69.90 34 35 ROA 36 ROE 37 38 Tax Rate 30.00% 39 Pre-Tax Market Cost of Debt 13.50% 40 Cost of Equity 25.00% $ 210.00 41 42 Book Value of 2022 Long Term Debt 43 Market Price of 2022 Long Term Debt 44 Market Value of 2022 Long Term Debt 45 Market Value of 2022 Equity 46 $ 970.00 $ 500.00 47 Assets Needed for New Service: $ 180.00 48 49 Year O Year 1 Year 2 50 New Service Cash Flow from Assets $ (180.00) $ 37.00 $ 44.00 $ 51 Now Service Internal Rate of Return. Year 3 Year 4 Year 5 Year 6 54.00 $ 65.00 $ 64.00 $ 54.00 $ Year 7 Yeat 8 40.00 $ 25.00 $ 203.00 27 ($ millions) 2021 2022 28 Total Assets $ 600.00 $ 700.32 29 Total Debt $ 200.00 $ 233.12 30 Total Equity $ 400.00 $ 466.88 31 Net Income $ 95.50 $ 116.50 32 Dividends $ 38.20 $ 46.60 33 Add to RE $ 57.30 $ 69.90 34 35 ROA 36 ROE 37 38 Tax Rate 30.00% 39 Pre-Tax Market Cost of Debt 13.50% 40 Cost of Equity 25.00% $ 210.00 41 42 Book Value of 2022 Long Term Debt 43 Market Price of 2022 Long Term Debt 44 Market Value of 2022 Long Term Debt 45 Market Value of 2022 Equity 46 $ 970.00 $ 500.00 47 Assets Needed for New Service: $ 180.00 48 49 Year O Year 1 Year 2 50 New Service Cash Flow from Assets $ (180.00) $ 37.00 $ 44.00 $ 51 Now Service Internal Rate of Return. Year 3 Year 4 Year 5 Year 6 54.00 $ 65.00 $ 64.00 $ 54.00 $ Year 7 Yeat 8 40.00 $ 25.00 $ 203.00