4. Suppose a company has a current dividend of $ 2 per share, a current price of $ 40 per share, and an expected growth rate of 5 percent. Find the cost of equity? 5. DBC is estimating its WACC. The company has collected the following information: Its capital structure consists of 40 percent debt and 60 percent common equity. The company has 20-year bonds outstanding with a 9 percent annual coupon that are trading at par. The company's tax rate is 40 percent. The risk-free rate is 5.5 percent. The market risk premium is 5 percent. The stock's beta is 1.4. What is the company's WACC