1. You have a bond with a clean price of $950. It pays a coupon rate of 6% /year with semi-annual payments. There’s 1 month to the next coupon payment. What is accrued interest? What is the dirty price? (Very confused about the accrued interest part)

2. What is the weighted average cost of capital for a firm that has a debt-to-equity ratio of 3, a tax rate of 21 percent, a levered cost of equity of 13 percent and a pre-tax cost of debt of 9.5 percent?

3. What is the weighted average cost of capital given the following information? Cost of equity capital for a leveraged firm=11.5% Debt-to-total-market-value ratio=1/4 Before-tax borrowing cost=7.5% Marginal corporate income tax rate=21%.