4. Problem 10.08 (Cost of Common Equity and WACC) Palencia Paints Corporation has a target capital structure of 45% debt and 55% common equity, with no preferred stock. Its before-tax cost of debt is B\%, and its marginal tax rate is 25%. The current stock price is P0332.50. The last dividend was D0=53.25, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its Wacc? Do not round intermedate calculations. Round your answers to two dedmal places. f1=WACE=