Wandering Oaken's Trading Post's common stock has a beta of 2.92. If the risk free rate of return is expected to be 6.95% and the market risk premium is 5.95%, what is the cost of equity for Wandering Oaken's common stock? answers should be entered as percentages so 10.04% should be entered as 10.04. Dashy-Paints Corporation has a target capital structure of 60% debt, 15% preferred stock, and 25% common stock. Its before-tax cost of debt is 8%, preferred stock cost is 9.5%, and its marginal tax rate is 30%. The current stock price is $22.00. The last dividend was at 2.25, and is expected to grow at a 5% constant rate. What is the firm's WACC? 8.72% 12.08% 11.01% 9.75% 10.16% c Match each of the following terms with their definition the rate of return on retained earnings, and A. adjusted for flotation costs Before-tax cost of debt Cost of preferred stock The interest rate the firm must pay on new B. long-term borrowing Cost of Common Stock C. the average cost of raising new financing WACC D. rate of return investors require based on the preferred stock dividend