Sixx AM Manufacturing has a target debt-equity ratio of 0.55. Its cost of equity is 18 percent, and its cost of debt is 11 percent. If the tax rate is 33 percent, what is the company's WACC? Multiple Choice 13.52% 14.23% 11.14% 12.15% O 14.94% The Down and Out Co. just issued a dividend of $2.46 per share on its common stock. The company is expected to maintain a constant 5 percent growth rate in its dividends indefinitely. If the stock sells for $35 a share, what is the company's cost of equity? (Do not round your intermediate calculations.) Multiple Choice 12.03% 13% 12.38% 11.76% O 7.52%