The following table gives Foust Company's eamings per share for the last 10 years. The common stock, 8.1 million shares oututanding, is now (1/1/22) selling for $54.00 per share. The expected dividend at the end of the current year (12/31/22) is 55% of the 2021 Eps. Because Invertors expect past trends to continue, 9 may be based on the historical earnings growth rate. (Note that 9 years of growth are reflected in the 10 years of data.) The current interest rate on new debt is 8%; Foust's marginal tax rate is 25%; and its target capital structure is 60% debt and 40% equity. a. Calculate Foust's after-tax cost of debt. Round your answer to two decimal places. Calculate Foust's cost of common equity, Calculate the cost of equity as ss=D1/P0+g. Do not round intermediate calculations, Round your answer to two decimal places. b. Find Foust's WACC. Do not round intermediate calculations. Round your answer to two decimal places