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Please answer all parts of the question, thank you! :) Palencia Paints Corporation has a target capital structure of 30% debt and 70% common equity,

Please answer all parts of the question, thank you! :)
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Palencia Paints Corporation has a target capital structure of 30% debt and 70% common equity, with no preferred stock. Its before-tax cost of debt is 10%, and its marginal tax rate is 25%. The current stock price is Po = $33.00. The last dividend was Do = $2.00, and it is expected to grow at an 8% constant rate. What is its cost of common equity and its WACC? Do not round intermediate calculations. Round your answers to two decimal places. rs = WACC 11.36 798 00/0 Hide Feedback Incorrect

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