Intro Consider the following information for Bellinga, a U.S. corporation: Stock information: Market value of shares: $1,060 million Beta: 1 Bond information: Market value of bonds: $830 million Average yield to maturity: 5.5% Other information Tax rate: 26% Treasury bond yield: 3% Expected return on the S&P 500: 8% Part 1 What is the cost of equity? 3+ decimals Submit Part 2 What is the cost of capital? 3+ decimals