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Bonaime, Inc., has 7.2 million shares of common stock outstanding. The current share price is $62.20, and the book value per share is $5.20. The company also has two bond issues outstanding. The first bond issue has a face value of $71.2 million, rate of 7.7 percent, and sells for 91 percent of par. The first issue matures in 22 years, the second in 14 years. The most recent dividend was $3.45 and the dividend growth rate is 8 percent. Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate $36.2 million, a coupon coupon rate of 7.2 percent, and sells for 92 percent of par. The second issue has a face value 30 percent What is the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost equity What is the company's aftertax cost of debt? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Aftertax cost of debt % What is the company's equity weight? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Equity weight company's weight bt? inte ons and places, e.g., 6.) your answer t Debt weight What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.) WACC

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