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 39.90 million shares of common stock outstanding at a price of $12.35 per share. The firm also has 310000.00 bonds outstanding with a current price of $1,079.00. The outstanding bonds have yield to maturity 6.17%. The firm's common stock beta is 1.386 and the corporate tax rate is 40.00%. The expected market return is 9.40% and the T-bill rate is 5.70%. 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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