Four years ago, the Morgan Co. issued 15-year. 7.0 percent semiannual coupon bonds at par. Today, the bonds are quoted at 101.3. What is this fiom's pretax cost of debt? O 6.97 percent 7.08 percent 6.79 percent 6.83 percent 739 percent Stock in ABC Enterprises has a beta of 1.06. The market risk premium is 6.9 percent, and T-bills are currently yielding 3.75 percent. ABC's most recent dividend was $156 per share and dividends are expected to grow at a 4 percent annual rate indefinitely, the stock sells for $43.25 a share, what is your best estimate of ABC's cost of equity? O 7.78 percent 8.B2 percent 9.09 percent 9.41 percent 0969 percent