Pearson Motors has a target capital structure of 50% debt and 50% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 0%, and its tax rate is 40%. Pearson's CFO estimates that the company's WACC is 10.50%. What is Pearson's cost of common equity? - 15.60 ) 14.00 18.3% 13.5% QUESTION 12 To buy a car, you need to take out a $30,000 fixed rate loan with 5 years to maturity, 60 equal monthly payments, and a quoted annual interest rate of 9% APR What will be your monthly car loan payment? $800.00 $755.90 $822.75 $908.95