need help on 7 and 8

Question 7 (1 point) Jonkin & Co's before tax cost of debt is 9%, its marginal tax rate is 34%, and its cost of equity is 15%. The company's stock sells at book value and it has just published its most recent balance sheet below. Calculate Jonkin's Weighted Average Cost of Capital (WACC). Assets Liabilities & Equity Cash $120 Accounts Recevable 240 L/T Debt $1,152 Net Fixed Assets 2160 Common Equity 1.728 Total Assets $2,880 Total Liab & Equity $2,880 (Enter your answer as a percentage to the nearest basis point (i.e. 20.5% would be entered as 20.50). Do not use the percent symbol.) Your Answer: Answer 6 9 Question 8 (1 point) Harris & Handel's common stock currently trades at $35.00 a share. It is expected to pay an annual dividend of 2.80 a share at the end of the year, and the constant growth rate is 5.0% a year. What is the company's cost of common equity if all of its equity comes from retained earnings? (Enter your answer as a percentage to the nearest basis point (i.e. 20.5% would be entered as 20.50). Do not use the percent symbol.) Your