What is the cost of equity capital (range) for the Exploration and Production division using target capital structure ratios as weights (D/V and ENV)? Corporate tax rate to be considered as 2006 tax rate (Exhibit 1) for Midland Energy Resources up to 2 decimal places XXXX%. Risk-free rate as 10- year treasury bond rate and market risk premium as 6%. Select one: O a. 12%-13.00% O b. 8.00%-8,90% O c. None of the options are correct O d. 6.0%-6.50% O e. 5.0%-5.90%