47. Suppose a company has a market value of equity equal to $400 million and a market value of debt equal to $375 million. The company's cost of equity 14.35% and the company's cost of debt is 7.8%. If the tax rate is 40%, what is the company's WACC? a. 11.18% b. 10.97% c. 9.67% d. 8.16% 48. Suppose the risk free rate is 6 percent and the market risk premium is 10 percent. If expected return of a stock is 13.5 percent, what must its beta be? a. 0,75 b. 1,88 c. 0,60 d. 1,56 49. A company paid a dividend of $5 last year. The stock currently sales of $55 per share. If the dividend will continually grow at a constant rate of 5%. What is the cost of equity for the company? a. 15,55% b. 14,55% c. 14,09% d. 15,02%