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COST OF COMMON EQUITY AND WACC Palencia Paints Corporation has a target capital...

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COST OF COMMON EQUITY AND WACC Palencia Paints Corporation has a target capital structure or 30% debt and 70% common equity, with no preferred stock. Its before-tax cost of debt is 12%, and its marginal tax rate is 40%. The current stock price is Po- $34.50 calculations. The last dividend was Do $3.00, and it is expected to grow at a 8% constant rate what is its cost o comm on equity and its w AC Round your answers o two decima place on round your intermediate a, rs =

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