Dinklage corp. has 7 million shares of common stock outstanding. the current share price is $86, and the book value per share is $5. the company also has two bond issues outstanding. the first bond issue has a face value of $70 million, has a 9 percent coupon, and sells for 96 percent of par. the second issue has a face value of $45 million, has a 10 percent coupon, and sells for 104 percent of par. the first issue matures in 24 years, the second in 6 years. the most recent dividend was $5.8 and the dividend growth rate is 7 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 is 34 percent. what is the company's wacc?

Consider the following potential events that might have occurred to global on december​ 30, 2016. for each​ one, indicate which line items in​ global's balance sheet would be affected and by how much. also indicate the change to​ global's book value of equity. a. global used $ 19.8$19.8 million of its available cash to repay $ 19.8$19.8 million of its​ long-term debt. b. a warehouse fire destroyed $ 4.9$4.9 million worth of uninsured inventory. c. global used $ 4.6$4.6 million in cash and $ 5.1$5.1 million in new​ long-term debt to purchase a $ 9.7$9.7 million building. d. a large customer owing $ 3.2$3.2 million for products it already received declared​ bankruptcy, leaving no possibility that global would ever receive payment. e. ​global's engineers discover a new manufacturing process that will cut the cost of its flagship product by more than 48 %48%. f. a key competitor announces a radical new pricing policy that will drastically undercut​ global's prices.