Question: When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO

When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places.

Q1) Suppose a firm has 18.60 million shares of common stock outstanding at a price of $43.71 per share. The firm also has 495000.00 bonds outstanding with a current price of $1,122.00. The outstanding bonds have yield to maturity 6.11%. The firm's common stock beta is 1.481 and the corporate tax rate is 35.00%. The expected market return is 11.86% and the T-bill rate is 4.63%. Compute the following:
a) Weight of Equity of the firm (2 points)
b) Weight of Debt of the firm (2 points)
c) Cost of Equity of the firm (2 points)
d) After Tax Cost of Debt of the firm (2 points)
e) WACC for the Firm (2 points)

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