Question 18 5 pts Hilliard Corp. wants to calculate its weighted average cost of capital (WACC). The company's CFO has collected the following information: The company's long-term 30-year semi-annual bonds are currently sold at $900 and coupon rate is 8 percent and par value is $1,000. The company does not have preferred stock. The company's common stock price is $30 per share (Po - $30). The company recently paid a dividend of $2 per share (Do - $2.00). The dividend is expected to grow at a constant rate of 5 percent a year (g = 5%). The company pays a 10 percent notation cost whenever it issues new common stock (F - 10%). The company's target capital structure shows $200 million debt and $300 million common equity. The company's tax rate is 40 percent What is the cost of common stock if the retained earnings of the compaxare.coub.(that is internal.caritalis enough) to fund the equity portion of the project during the upcoming year? . 12.0096 O 12.50% 13.00% 14.00%