The current market rate of return is 15% and the risk-free rate is 1%

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The current market rate of return is 15% and the risk-free rate is 1%. You have been given the job of determining your firm's cost of capital components. The company has 1300000 shares outstanding with a current value of $21.90 per share. The debt represents 35% of the capital structure and the yield to maturity is 7%. The beta of the equity is 1.2 and the tax rate is 33%. What is the market value of debt and its net cost to the firm? The market value of debt is $9,964,500.00 and the net cost of debt is 4.69%. The market value of debt is $18,505,500.00 and the net cost of debt is 2.31%. The market value of debt is $15,330,000.00 and the net cost of debt is 4.69%. The market value of debt is $81,342,857.14 and the net cost of debt is 7.00%.