Check Sty Work Palencia Paints Corporation as a target capital structure of 40 debit and 60% common equity, with no preferred stock. Its before tax cost of debt is 10%, and its marginal tax rate is 25. The current topics 531:50. The last dividend was Do - $3.50, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its WACC Do not Found intermediate calculation Round your answers to twe decimal places WACC