You were hired as a consultant to Costly corp, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 6.00%, the cost of preferred is 7.50%, and the cost of retained earnings is 12.75%. The firm will not be issuing any new stock. What is its WACC? 10.21% O 8.98% 10.56% 9.26% 9.83% Steeler Inc's CFO hired you as a consultant to help her estimate the cost of capital. You have been provided with the following data: risk-free rate (TRF) = 4.15%; market risk premium = 5.00%; and beta = 1.14. Based on the CAPM approach, what is the cost of equity from retained earnings? O 9.67% 09.85% 10.93% O 10.28% 10.60%