1.The Cookie Crisp Corporation's common stock has a beta of 2.11. If the risk-free rate is 1.38 percent and the expected return on the market is 9.28 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%)]

2. Froot Loops Bank has an issue of preferred stock with a stated dividend of $3.11 that just sold for $64.05 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%)]

3. 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's after-tax cost of debt?

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

4. Raisin Bran Inc., has 14,676 bonds with a 6.23 percent coupon outstanding, $1,000 par value, 13 years to maturity, selling at par; the bonds make semiannual payments. The company has 516,375 shares of common stock outstanding, selling for $81.89 per share; the beta is 0.55. The expected return on the market is 9.39 percent and the risk-free rate is 2.03 percent. The company also has 43,779 shares of 3.99 percent preferred stock outstanding, currently selling for $70.93 per share.

Assume the company's tax rate is 24 percent, what is its WACC?

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