Use the following information to answer questions 10 to 13: ARM Inc. which is a publicly traded company uses 60% equity and 40% debt for all of its financing needs. Shares of the common stock are currently selling at $75. The bonds of the firm are currently trading at $950 have an annual coupon rate of 7%, 30 years to maturity and a face value of $1000. The company has a beta of 1.20 and a 35% marginal tax rate. The market risk premium is 6% and the risk-free rate is 4%. What is the cost of equity? Question 11 options: 11.2% 10.4% 13.1% 11.9% What is the after-tax cost of debt? Question 12 options: 7.17% 8.24% 4.82% 6.28% What is the WACC? Question 13 options: 7.42% 8.55% 6.80% 8.65%