XYZ company has 10,000 shares of stock currently trading at $10 per share. They have a...

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XYZ company has 10,000 shares of stock currently trading at $10per share. They have a beta of 1, expected market return of 10% anda 3% risk free rate. XYZ also has 50 shares of debt outstandingcurrently trading at $1000 per share. Their bonds have semiannualbonds with a $1,000 par value, 5% coupon rate, and 10 years tomaturity. The firm's marginal tax rate is 22 percent. Calculate theweighted average cost of capital (WACC). ENTER YOUR ANSWER AS APERCENTAGE WITH ONE DECIMAL PLACE (e.g., 12.1) AND NOT AS A DECIMAL(e.g., 0.121). ROUND TO THE NEAREST TENTH OF A PERCENT. DO NOT USETHE PERCENT SIGN (%) IN YOUR ANSWER.
work out step by step or by hand not on excel or anyother program!

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MV of equityPrice of equitynumber of shares outstanding MV of equity1010000 100000 MV of BondPar valuebonds outstandingage of par MV of Bond1000501 50000 MV See Answer

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XYZ company has 10,000 shares of stock currently trading at $10per share. They have a beta of 1, expected market return of 10% anda 3% risk free rate. XYZ also has 50 shares of debt outstandingcurrently trading at $1000 per share. Their bonds have semiannualbonds with a $1,000 par value, 5% coupon rate, and 10 years tomaturity. The firm's marginal tax rate is 22 percent. Calculate theweighted average cost of capital (WACC). ENTER YOUR ANSWER AS APERCENTAGE WITH ONE DECIMAL PLACE (e.g., 12.1) AND NOT AS A DECIMAL(e.g., 0.121). ROUND TO THE NEAREST TENTH OF A PERCENT. DO NOT USETHE PERCENT SIGN (%) IN YOUR ANSWER.*work out step by step or by hand not on excel or anyother program!*