Calculate WACC given the following information. Cost of Equity (common $800,000 stocks) 0.23 Total Value of Common Stocks (CS) Total Value of Preferred Stocks (PS) Total Value of Debt (D) $200,000 Cost of Preferred stock $400,000 Pre-tax Cost of Debt Tax rate (t) 0.1 0.08 0.3 14.97% none of the answers is correct 26.94% 16.17% 19.79% Question 2 1 p Murphy Oil Corp has a common stock that will pay a dividend of $9 per share next year. If the common stock price today is $121 and the growth rate of firm is 0.07. find the cost of capital for common stock