1. A stock has a Beta of 1.0. The risk-free rate is 5.7%, and the Market Risk Premium is estimated at 6.5%. The firm's cost of common equity, Re, is _____%. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process.

2. A 5.9% bond pays interest semiannually. Its YTM is 5.1%. The Equivalent Annual Yield (EAY) on this bond is ____%. Refer to Lecture 35-36 notes as needed. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process.

3. Badger Corp. has an issue of 6% bonds outstanding with 6 months left to maturity. The bonds are currently priced at $1003, and pay interest semiannually. The firm's marginal tax rate is 40%. The estimated risk premium between the company's stock and bond returns is 5%. The firm's expects to maintain a capital structure with 40% debt and 60% equity going forward. The company's W.A.C.C. is ____%. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process.

4. Marie Corp. has $1217 in debt outstanding and $2175 in common stock (and no preferred stock). Its marginal tax rate is 40%. Marie's bonds have a YTM of 5.1%. The current stock price (Po) is $47. Next year's dividend is expected to be $2.24, and it is expected to grow at a constant rate of 5% per year forever. The company's W.A.C.C. is ____%. Round your final answer to 2 decimal places (example: enter 12.34 for 12.34%), but do not round any intermediate work in the process.

[Note: Correct answer feedback may show more than 2 decimal places, but you should still follow instructions above for entering your answers.]