FINA Crop's bata is 1.2. The market risk premium is 7%. The risk free rate is 3%. The total shares outstanding of FINA is 20 million. The stock price now is 5% per share. Tax rate is 35%.

1. What is the current required rate of return on the equity of FINA Corp.?

7.9%

11.4%

10.1%

13.2%

2. What is the WACC of FINA?

7.15%

5.12%

9.31%

8.71%