20FALL-FIN3300 You have been red by Foy-Night Aartines to compute its cost of capital. Its target capital structure calls for 40% debt and 0 Dion of the following statement is INCORRECT? Seved one Cost of debtYold to maturity) (1-tax rate). b. WACC-110.4 After-tax cost of debt) + (0.6 * cost of equity)] c. Retained eamings belong to the company and are, therefore, free of cost. d. All costs are marginal (i.e., the cost of raising money today)