ITF.Inc currently has 5 millions commons share outstanding that market price is $4 per share and beta is equal to

ITF.Inc currently has 5 millions commons share outstanding that market price is $4 per share and beta is equal to

0.8. 

ITF's debt has a market value of $30 million, a coupon rate equal to 5% ,and seven years to maturity. 

Three-month treasury bills yield 4% and the market risk premium is estimated at 8%. 

Seven-year government bonds have a yield to maturity of 4.75%. 

The debt has an A+rating, which means its credit spread is 1.24%

ITF's tax rate is 40%.

a> based on above information, what is ITF's expected rate of return on equity capital?

b> what is yield on debt?

c>what is WACC?(weighted-average cost of capital)