The common stock of Pittsburgh Steel produce has a beta of 1, 42 and a standard deviation of 21.6 percent. The market rate of return is 12.5 percent and the risk-free rate is 5 percent. What is the cost of equity for Pittsburgh Steel Products? 15.65 percent 17.75 percent 18.45 percent 20.50 percent 22.75 percent A firm wants to create a weighted average cost of capital (WACC) of 9.5 percent. The firm's cost of equity is 11 percent and its pre-tax cost of debt is 9 percent. The tax rate is 35 percent. What does the debt-equity ratio need to be for the firm to achieve its target WACC? .28 .37 .41 .54 .59 the five and Dime Store has a cost of equity of 15.8 percent, a pretax cost of of 7.7 percent, and a tax rate of 35 percent. What is the firm's weighted average cost of capital if the debt-equity ratio is 0.40? 10.18 percent 11.72 percent 12.72 percent 13.49 percent 14.93 percent