PLEASE ANSWER AS FAST AS POSSIBLE! MUST ROUND YOUR ANSWER TO TWO DECIMAL PLACES! THANK YOU!

COST OF COMMON EQUITY AND WACC Palencia Paints Corporation has a target capital structure of 25% debt and 75% common equity, with no preferred stock. Its before-tax cost of debt is 12%, and its marginal tax rate is 40%. The current stock price is Po-$31.50. The last dividend was Do = $3.50, and it is expected to grow at a 5% constant rate, what is its cost of common equity and its WACC? Round your answers to two decimal places. Do not round your intermediate calculations. a.rs- D. WACC =