Question 1. You are a financial manager of a firm and are asked to assess the cost of capital of your firm. Youknow that - Vour firm just paid dividend $3 per share - The current stock price is $60 per share - Firm beta is 10% higher than market average - Constant growth rate is 3% - Expected market return is 9% and risk free rate is 2% - There is totally 10 million of outstanding shares of stocks, and for each dollar equity, firm issued $1.5 debt - Cost of borrowing/issuing bond is 5% - Corporate tax rate 30% Using information from the Question 1 What is the value of the beta for this firm What is the value of market risk premium ? (use decimal point) What is the cost of equity (common stock) using CAPM model ? (keep 3-digit after decimal point, e.g., 0.123)