You are given the following Information for Lighting Power Company. Assume the company's tax rate is 24 percent. Debt: 24,000 7.3 percent coupon bonds outstanding, $1.000 par value, 18 years to maturity, selling for 107 percent of par, the bonds make semiannual payments. Common 570,000 shares outstanding, selling for $75 per share the beta is 1.19. Preferred stock 25,500 shares of 5.1 percent preferred stock outstanding, a $100 par value, currently selling for $96 per share. 6 percent market risk premlum and 4.9 percent risk-free rate. What is the company's WACC? (Do not round Intermedlate calculations and enter your enswer es a percent rounded to 2 decimal places, e.g., 32.16.) PE Ursala, Incorporated, has a target debt-equity ratio of 110. Its WACC is 8.5 percent, and the tax rate is 25 percent. 8. If the company's cost of equity is 13 percent, what is its pretax cost of debt? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. instead you know that the aftertax cost of debt is 6.3 percent, what is the cost of equity? Do not round Intermedlate calculatlons and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) 96