The rolowing table gives Foust Company's earnings per share for the last 10 years. The cornrnon stock, 6.1 million shares outstanding, is now 1/1/17) selling for71 per share. The expected dividend at the end of the current year expect past trends to continue, g may be based on the istorical earnings growth rate. (Note that 9 years of growth are reflected in the 10 years of data) 12/31/17) is 50% of the 2016 EP Because invest Year EPS 2007 $3.90 008 4.212013 6.19 009 4.55 2014 6.68 010 4.912015 7.22 011 5.312016 7.80 Year EPS 2012 $5.73 The current interest rate on new debt is 10%; roust's marginal tax rate is 400; and its target capiLal structure is 60% debt and 4016 equity. a. Calculate Foust's atter-lax cost of debt. Round your answer to two decimal places Calculate Foust's cost of common equity. Calculate the cost of equity as r, = D1/Po + g Round your answer to two decimal places. Do not round your intermediate calculatio Find Foust's WACC. Round your answer to two decimal places. Do not round your intermediate calculations