The Nutrex Corporation wants to calculate its weighted average cost of capital. Its target capital structure weights are 60 percent long-term debt and 40 percent common equity. The before- tax cost of debt is estimated to be 10 percent and the company is in the 40 percent tax bracket. The current risk-free interest rate is 8 percent on Treasury bills. The expected return on the market is 13 percent and the firm's stock beta is 1.8. What is the after-tax weighted average cost of capital? 10.4% 17.0% O 12.8% 16.2% Sweet Treats common stock is currently priced at $36.72 a share. The company just paid $2.63 per share as its annual dividend. The dividends have been increasing by 2.2 percent annually and are expected to continue doing the same. What is the cost of equity? O 10.86 percent 08.14 percent O 9.52 percent O 8.27 percent