Caleulation of individual costs and WACC Camival Corporation (CCL) recenty sold new bonds at discount...

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Caleulation of individual costs and WACC Camival Corporation (CCL) recenty sold new bonds at discount price of $954.84. The bonds have a short 3 -year maturity, have a coupon rate of 12.00%, and pay interest semi-annually. In addition to the $9.746 bilion worth of bonds outstanding, Carnival also has $11.132 bilion worth of common stock equity outstanding. According to Yahool Finance, Camivars stock has a beta of 1.97 . Currently, the expected return on the market porttolio and risk-free rate are, 5.90% and 0.59%, respectively. a. Calculate the market vakie weights for Camivars capital structure. b. Calculate Camivals cost of equity using the CAPM. c. Calculate Camival's betore-tax cost of debt. d. Calculate Carnivars current WACC using a 21\% corporate tax rate. a. The market value weight of long-term debt in Carnival's capital structure is \$. (Round to two decimal places) The market value weight of common stock equity in Carnivars capital structure is \%\%. (Round to two decimal places.) b. Camivars cost of equity using the CAPM is W. (Round to two decimal places.) c. Camival's before-tax cost of debt is \%. (Round to two decimal places.) d. Camival's current WACC using a 21\% corporate tax rate is Th. (Round to two decinal places.)

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