Lannister Manufacturing has a target debt-equity ratio of 0.63. Its cost of equity is 16 percent, and its cost of debt is 8 percent. If the tax rate is 34 percent, what is the company's WACC?

The Drogon Co. just issued a dividend of $2.86 per share on its common stock. The company is expected to maintain a constant 6 percent growth rate in its dividends indefinitely. If the stock sells for $50 a share, what is the company's cost of equity?

The Rhaegel Corporation's common stock has a beta of 1.1. If the risk-free rate is 4.5 percent and the expected return on the market is 14 percent, what is the company's cost of equity capital?