1) Suppose Trix Industries just issued a dividend of $2.09 per share on its common stock. The company paid dividends of $1.52, $1.64, $1.77, and $1.86 per share in the last four years. If the stock currently sells for $14, what is your best estimate of the company's cost of equity capital using the arithmetic average growth rate in dividends?

[Enter the final answer in as a percent with two decimals (e.g. 5.55%)]

2) The Cookie Crisp Corporation's common stock has a beta of 1.31. If the risk-free rate is 1.43 percent and the expected return on the market is 9.79 percent, what is the company's cost of equity capital?

[Enter the final answer in as a percent with two decimals (e.g. 5.55%)]

3) Froot Loops Bank has an issue of preferred stock with a stated dividend of $3.72 that just sold for $53.09 per share. What is the bank's cost of preferred stock?

[Enter the final answer in as a percent with two decimals (e.g. 5.55%)]

4) Quaker Oats Inc.,recently issued a 25-year bond with an annual coupon of 4 percent that is paid semiannually. The bond currently sells for 110 percent of its face value. The company's tax rate is 25 percent. What is the firm'safter-taxcost of debt?

[Enter the final answer in as a percent with two decimals (e.g. 5.55%)]

5) Raisin Bran Inc., has 18,127 bonds with a 4.97 percent coupon outstanding, $1,000 par value, 15 years to maturity, selling at par; the bonds make semiannual payments. The company has 356,588 shares of common stock outstanding, selling for $87.9 per share; the beta is 2.1. The expected return on the market is 8.77 percent and the risk-free rate is 1.66 percent. The company also has 72,767 shares of 1.36 percent preferred stock outstanding, currently selling for $38.9 per share. Assume the company's tax rate is 23 percent, what is its WACC?

[Enter the final answer in as a percent with two decimals (e.g. 5.55%)]