Holdup Bank has an issue of preferred stock with a $9 stated dividend that just sold for $80 per share. The bank's cost of preferred stock is

options: 9.00% 11.25% 10.83% 10.35% 9.51%

The Up and Coming Corporation's common stock has a beta of 1.10. If the risk-free rate is 6.0 percent and the expected return on the market is 10 percent, Up and Coming's cost of equity is

options: 11.60% 11.40% 10.40% 9.4% 12.80%