2. Calculating Cost of Equity Hoolahan Corporation's common stock has a beta of .87. If the risk-free rate is 3.6 percent and the expected return on the market is 11 percent, what is the companv's cost of equity capital? 7. Calculating Cost of Preferred Stock Sixth Fourth Bank has an issue of preferred stock with a $3.80 stated dividend that just sold for $89 per share. What is the bank's cost of preferred stock