If the dividend to be paid on a share of common stock is $3.30 per share at ty, and the price of the stock is $50, the growth rate is projected as 6%, and the underwriting fee is 5% of the stock price. Calculate the cost of new equity. O 12% O 12.95% O 12.65% O 12.30% Your firm's cost of equity is 18%, the cost of debt is 4% before taxes, and the tax rate is 26%. Given the following balance sheet, calculate the firm's after tax WACC: Total assets Total debt Total equity = $25,000 15,000 10,000 You would like to have $1,000,000 in 20 years for your retirement. You plan to put away $15,000 each year (end of year). What is the minimum rate of return that you would need to receive $1,000,000? O 4.5% O 11.33% O 6.5% O 5.72%