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The current price of Jana's 12% coupon, semiannual payment, noncallable bonds with 15 years remaining to maturity is $1153. Jana does not use short...

The current price of Jana's 12% coupon, semiannual payment, noncallable bonds with 15 years remaining to maturity is $1153.72. Jana does not use short term interest bearing debt on a permanent basis. New bods would be privately placed with no flotation cost. What is the market interest rate on Janas debt and what is the component cost of this deb for WACC purposes?

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