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The Rhaegel Corporation's common stock has a beta of 1.1. If the risk-free rate is 4.2 percent and the expected return on the market is

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The Rhaegel Corporation's common stock has a beta of 1.1. If the risk-free rate is 4.2 percent and the expected return on the market is 12 percent, what is the company's cost of equity capital? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of equity capital Holdup Bank has an issue of preferred stock with a $5.65 stated dividend that just sold for $93 per share. What is the bank's cost of preferred stock? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cost of preferred stock

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