B eBook The following table gives Foust Company's earnings per share for the last 10 years. The common stock, 6.1 milion shares outstanding, is now (1/1/20) selling for $78.00 per share. The expected dividend at the end of the current year (12/31/20) s 55% of the 2019 EPS. Because investors expect past trends to continue, g may be based on the historical earnings growth rate. Note that 9 years of growth are reflected in the 10 years of data.) Year EPS 2010 $3.90 $5.73 5. 7 Year EPS 8. 2015 9. 2011 4.21 2016 6.19 10 2017 6.68 2018 7.22 2012 4.55 2013 4,91 2014 5.31 2019 7.80 The current Interest rate on new debt is 8%; Fourt's marginal tax rate is 25%; and its target capital structure is 45% debt and 55% equity a Calculate Fount's after tax cost of debt. Round your answer to two decimal places A-Z 5.4 Calculate Fount's cost of common equity Calculate the cost of equity sa rs - Ds/Po+ 9. Do not found intermediate calculations. Round your answer to two decimal places. 14.6 D. Find Foust's WACC. Do not round intermediate calculations, Round your answer to two decimal places 10.92