-9781337911009&id=998121498&snapshotId=20929538 MINDTAP Q Search this ework Problems Chapter 10 Homework Problems Assignment Score: 0.00% Save Submit Assignment for Grading Problem 10.08 (Cost of Common Equity and WACC) Question 5 of 7 Check My Work (1 remaining) eBook Palencia Paints Corporation has a target capital structure of 35% debt and 65% common equity, with no preferred stock. Its before-tax cost of debt is 10%, and its marginal tax rate is 25%. The current stock price is Pa = $27.00. The last dividend was Do = $3.00, 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. Is = WACC = Problem 10.05 (Cost of Common Equity and WACC) Submit Resument for Grading O