Hayley Windows Corp. (HWC) just paid a $4.20 dividend to its common shareholders. Analysts expect these dividends to grow indefinitely at a 5.5% annual rate. The market price of the stock is $72,40. What is the firm's cost of equity? 12.60% 6.12% 9.63% 11.30% Question 5 7 pts Creighton Steel inc. (CSI) common stock has a beta coeffic 11.8%. What is the firm's cost of equity? 6.5% 5.2% 10.4% 9.2% Question 6 7 pts Davidson Corp. has preferred stock outstanding that is currently selling for $108 per share and pays a perpetual dividend of $8. Davidson Corp. has a marginal tax rate of 40%. What is the firm's cost of preferred stock? 6.4% 7.4% 4.4% 5.0%