- Cardio W. DAY 3 - Abs Toning over b. 11.07% OC 13.48% od 13.98% O 12.35% QUESTION 7 Weaver Chocolate Co. expects to earn $13.50 per share during the current year, its expected dividend payout ratio is 75%, its expected constant dividend growth rate is 16.0%, and its common stock currently sells for $155.00 per share. New stock can be sold to the public at the current price, but a flotation cost of 7% would be incurred. What would be the cost of equity from new common stock? Do not round your intermediate calculations. O 2 19.66% ob 22.42% 23.02% d. 20.77% e 21.49% QUESTIONS You were hired as a consultant to Quigley Company, whose target capital structure is 35% debt, 10% preferred, and 55%.common equity. The interest rate on new debt is 6.50%, the yield on the preferred is 6.00%, the cost of retained earnings is 10.50%, and the tax rate is 25%. The firm will not be issuing any new stock. What is Quigley's WACC? Round final answer to two decimal places. Do not found your intermediate calculations O 1.9.37% Click Save and Submit to save and submit. Click Save All Answers to save all answers Sa S