You've been hired by Cans-R-U as a consultant to help them calculate cost of capital. You have been provided with the following data: D1 =$1.19;P0=$27.00; and g=7% (constant). Based on the constant growth formula approach, what is the cost of equity from retained earnings? MUST SHOW WORK Question 13 Years ago, Bustle Company sold a $1,000 par value bond that now has 35 years to maturity and an 8.00% annual coupon that is paid quarterly. The bond currently sells for $865, and the company's tax rate is 40%. What is the component cost of debt for use in the WACC calculation? MUST SHOW WORK \begin{tabular}{|l|} \hline 5.04% \\ \hline 5.02% \\ \hline 4.77% \\ \hline 5.59% \\ \hline 6.29% \\ \hline \end{tabular}