Question: Please answer these questions Patton Paints Corporation has a target capital structure of 40% debt and 60% common e preferred stock. Its before-tax cost of

Please answer these questions

Patton Paints Corporation has a target capital structure of 40% debt and 60% common e preferred stock. Its before-tax cost of debt is 12%, and its marginal tax rate is 40%. The current stock price is $22.50. The last dividend was $2.00, and it is expected to grow at a 7% constant rate. What is its cost of common equity? What is the WACC? Evanee Company's next expected dividend is $3.18; its growth rate is 6%; and its common stock now sells for $36.00. New stock (external equity) can be sold to net $32.40 per share. What is Evanee's cost of retained earnings, rs? What is Evanee's percentage flotation cost, F? What is Evanee's cost of new common stock, re

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