Question: i need help i cant figure out the common equity and that goes into the next questin can you solve a and b The following

i need help i cant figure out the common equity and that goes into the next questin can you solve a and b i need help i cant figure out the common equity and that

The following table gives Foust Company's earnings per share for the fast 10 years. The common stock, 8.5 million shares outstanding, is now ( 1/1/22 ) selling for $58.00 per share. The expected dividend at the end of the current year (12/31/22) is 55% of the 2021 EPS. Because investors expect past trends to continue, 9 may be based on the historical earnings growth rate. (Note that 9 years of growth are reflected in the 10 years of data.) The current interest rate on new debt is 12\%; Foust's marginal tax rate is 25%; and its target capital structure is 50% debt and 50%6 equity. a. Calculate Foust's after-tax cost of debt. Round your answer to two decimal places: Caiculate Foust's cost of common equity, Calculate the cost of equity as rss=D1//P0+9. Do not round intermediate calculatians. Round your answer to two decimal places: b. Find Foust's WACC Do not round intermediate calculations. Round your answer to two decimal places

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