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Suppose a firm has 12.90 million shares of common stock outstanding at a price of $25.72 per share. The firm also has 180000.00 bonds outstanding...

Suppose a firm has 12.90 million shares of common stock outstanding at a price of $25.72 per share. The firm also has 180000.00 bonds outstanding with a current price of $1,046.00. The outstanding bonds have yield to maturity 7.92%. The firm's common stock beta is 1.32 and the corporate tax are is 38%. The expected market return is 14.81% and the T bill rate is 1.24%. Compute: weight of equity, weight of debt, cost of equity, after tax cost of debt, Wacc.

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