Newtown Propane currently has only a wholesale division and uses only equity capital; however, it is considering creating marketing and retail divisions. Its beta is currently 1.5. The marketing division is expected to have a beta of 1.8, because it will have more risk than the firms wholesale division. The retail division is expected to have a beta of 0.5, because it will have less risk than the firms wholesale division. The risk-free rate is 3.1%, and the market risk premium is 6.2%. Based on this information, fill in the missing cost of capital information below:

Retail Division:

• 16.21%
• 6.20%
• 15.01%
• 16.31%