Part two: Show/Email your work to get partial credits. (40+50-90 points) 1. WACC Winnebagel Corp. common stock is currently trading on the NYSE at a price of $30 per share with 24,000,000 shares outstanding. Dividend just paid is $1.50 per share and is forecasted to grow at a constant rate of 12% in the future. U.S. 10-year Treasury Notes are currently yielding 2.5% and Winnebagel's outstanding 10-year debt with a face value of $50 million is currently trading at 96% of face value and pays annual interest of 10%. The expected rate of return for the S&P 500 stock index (a proxy for the market) is 12%. Winnebagel's corporate tax rate is 34% and its estimated beta coefficient for risk is 1.5. a. Estimate the cost of common equity capital for Winnebagel Corp, using the dividend growth model. b. Estimate the cost of common equity capital for Winnebagel Corp, using the capital asset pricing model (CAPM). c. Estimate the cost of debt for Winnebagel Corp. d. Estimate the weighted average cost of capital (WACC) for Winnebagel Corp