The Hen House is expected to pay an annual dividend of $2.2 a share next year. The company recently announced that future dividends will increase by 4 percent annually. The market price is $50 a share. What is the cost of equity? 8.40% 8.58% O 4.62% Cobblestone Tours has 10,000 bonds that are currently quoted at 93.6. The bonds have a 8 percent annual coupon and 10% yield to maturity. What is Cobblestone Tour's after-tax cost of debt if the applicable tax rate is 40 percent? 4.8% 10% 6% AP Restaurant's cost of equity is 15.3 percent and its after-tax cost of debt is 6.1 percent. What is the firm's weighted average cost of capital if it uses 60% equity and 40% debt? 9.78% 27.02% O 11.62% BY Restaurant's cost of equity is 15 percent and its after-tax cost of debt is 8 percent. What is the firm's weighted average cost of capital if it uses 65% equity and 35% debt? O 12.55% O 32.16% 10.45%