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Question 15 3 pts Pelican Inc's CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with

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Question 15 3 pts Pelican Inc's CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: Treasury bonds are currently yielding 4.10%; the market risk premium is assumed to be 5.25%; Pelican's bonds are yielding 7%; and the stock's beta 1.50. Pelican's marginal tax rate is 40%. Based on this info, what is your best estimate of Pelican's cost of equity? 09.67% 10.93% 09.97% O 10.28% O 11.98%

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