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QUESTION 2 Apple common stock has a bota b of 11 The risk fretrate is 8%, and the market return is 15% The risk premium

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QUESTION 2 Apple common stock has a bota b of 11 The risk fretrate is 8%, and the market return is 15% The risk premium on Apple common stocks % (Round to one decimal place) b. The required return that Apple common stock should provide is c Apple's cost of common stock equity using the CAPM | (Round to one decimal place) ] (Round to one decimal place) QUESTION 3 Using the data for a firm shown in the following table, calculate the cost of retained earnings and the cost of new common stock using the constant growth valuation mode Projected Current market Dividend dividend per Underpricing Flotation cost price per share growth rate share next year per share per share $53.00 99 53.18 $2.50 $250 The cost of retained carings is (Round to two decimal places) M (Round to two decal places) b. The cost of new common stock is ARAS

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