If the current price of a stock is $66, dividend paid last on this stock was $5 and dividend is expected to grow at 2% into perpetuity, what is the cost of equity for this company using the Gordon's constant dividend growth model? 10.7 % 7.29545% 15.5636 % 5.83636 % 9.72727% Question 10 3 pts ABC Inc's wants to fund a $5 million investment by using its $ 4 million of retained earnings and borrowing $1 million. ABC Inc's common shareholders received a $5 per share dividend last year and analysts predict that dividends will continue to grow at a rate of 5 percent into the foreseeable future. The most recent closing price of ABC Inc's is $52. Furthermore, the firm's chief financial officer has determined that a 19-year maturity bond with a $1.000 face value and 9 percent coupon can be sold to investors for net proceeds of $896. If the ABC Inc's tax rate is 23 percent, what is the firm's weighted average cost of capital? 12 2929 15 0235 13.6578 % 12.9749 11.6091 %