Tulloch Manufacturing has a target debt to asset ratio of 45%. Its cost of equity is 10.3%, and its pre-tax cost of debt is 6.4%. If the tax rate is 35%, what is the company's WACC? 7.54%8.63%10.21% QUESTION 3 Stock in CBD industries has a beta of 1.10. The expected return on the market is 11.3% and the risk free rate is 3.5%. CDE's most recent dividend was $2.35 per share, and dividends are expected to grow at an annual rate of 5%. If the stock sells for $45 per share, what is your best estimate of the company's cost of equity capital? 13.25%11.28%19.56% QUESTION 4 ICU Window, INC. Is trying to determine its cost of debt, The firm has a debt issue outstanding with soven years to maturity that is currentiy seling for 5960 . The issue: makes semianneal payments and has an embedded cost of 4.9% compounded semiannualy. What is the company's after tax cost of debt, if the tax rale is 38%. 347% 5.61% 1.27%