Road Runner has an after-tax cost of debt of 5.5%. cost of preferred stock of 10% and a cost of equity of 11%. The tax rate is 25%. Irs target capital structure is 35% debt, 5% preferred, 60% common equity. What is the WACC for Road Runner? Blank 1 Blank 1 Question 20 Dandy Dividend Distributors will pay a $2 dividend next year, then a constant dividend of $2.22 for the next 3 years. After year 4 . dividends will have a constant growth rate of 2.5%. Your required rate of return for this stock is 10%. What is a fair price for Dandy Dividend Distributors stock? * Please enter your answer to the nearest penny Blank 1 Blank 1 Add your