Solve finance question Joe and Diane Peters have a home

Solve finance question Joe and Diane Peters have a home with an appraised value 180,000 and a mortgage balance of on $90,000. Given that an S&L is will to lend money at a loan-to-value ratio of 75% how big a home equity credit line can Joe and Diane obtain?s
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Exercise 4 (2 points) The Fantastic Stuff Co. currently has debt with a market value of $400 million outstanding. The debt consists of 10% annual coupon bonds which have a maturity of 10 years and are currently priced at $1,211 per bond. The par value of each bond is $1,000. The firm also has an issue of 3 million preferred shares outstanding with a market price of $15.00. The preferred shares pay an annual dividend of $1.38. Fantastic also has 20 million shares of common stock outstanding with a price of $26.00 per share. The firm is expected to pay a $2.34 common dividend one year from today, and that dividend is expected to increase by 6% per year forever. Fantastic is subject to a 40% marginal tax rate. What is the firm’s after tax cost of debt? What is the firm’s cost of preferred stock? What is the firm’s cost of common stock? What is the firm’s weighted average cost of capital? (2 points) Polk Automotive sells about 3,000 engines a year. The cost of placing an order with its supplier is $1,000, and the inventory carrying costs are $208 for each engine. Polk likes to maintain safety stock of 20 engines at all times. What is the firm’s EOQ? How many orders will the firm need to place this year? What is the average inventory for the season? (2 points) You are trying to value a company. Following is the information for that company as well as the information for a comparable company: Company you are valuing Comparable company Value of debt = $7.5 million Stock price = $45.00 Est. EBITDA next year = $9 million Number of shares outstanding = 6.5 million Est income next year = $3 million Value of debt = $35 million Est. EBITDA next year = $32 million Est income next year = $10 million Estimate the enterprise value of the company you are evaluating using the P/E multiples Estimate the enterprise value of the company you are evaluating using the enterprise value/EBITDA multiples.