5. Problem 10,08 (Cost of Common Equity and WACC) Paiencia Paints Corporation has a target capital structure of 40% debt and 60% common equity, with no preferred stock, fts before-tax cost of debt is 95 , and its marginal tax rati is 25\%. The current stock price is P0=$23.50. The last dividend was D0=$3.25, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its wacc? Do not round intermediate calculations. Round your answers to two decimal places. T2=WACC=