Question: Please solve in an excel spread sheet format and please show the formulas used to solve the questions. Thank you fx 2 B C E

Please solve in an excel spread sheet format and please show the formulas used to solve the questions. Thank you

Please solve in an excel spread sheet format and please show the

fx 2 B C E F H K M N Q R un T U V w X Y N AA 1 2 10-8 3 4 5 6 COST OF COMMON EQUITY AND WACC Palencia Paints Corporation has a target capital structure of 35% debt and 65% common equity, with no preferred stock. Its before-tax cost of debt is 8%, and its marginal tax rate is 40%. The current stock price is P. $22.00. The last dividend was D. = $2.25, and it is expected to grow at a 5% constant rate. What is its cost of common equity and its WACC? = 7 8 9 10 11 12 12

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