Giro company will pay a dividend next year of $2 40. Its stock is current selling for $48 If the dividend is projected to grow at a constant rate of 3%, what is the cost of equity capital for Giro? 4.8% 12% 7.5% 9% Walken Industries bonds sell for $890 and have a par value of $1,000. The coupon rate is 6% and the bonds have a maturity of 20 years. If the company is in a 35% marginal tax bracked what is its after tax component cost of debt? Select one: 6.31% 4.58% 9.98% 7 04% 8, 91%