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help with questions 1&2 The common stock of Initiative Fencing, Inc. has a beta of 0.9 and a standard deviation of 97.5 percent. The market

help with questions 1&2
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The common stock of Initiative Fencing, Inc. has a beta of 0.9 and a standard deviation of 97.5 percent. The market rate of return is 10.6 percent and the risk-free rate is 2.8 percent. What is the cost of equity for this firm? (enter your answer as a percentage; i.e. 14% as 14 ) The preferred stock of Winter Coalition Floors is selling for $29 a share with a $0.7 quarterly payment. What is the firm's cost of preferred stock if the tax rate is 28 percent? (Express your answer in percentage and round it two decimal places, but do not include the percent sign, \%, i.e., 4.65 for 4.65% ) Your

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