1) A company has cumulative preferred stock outstanding paying a 2.5% annual dividend. The preferred shares are trading at $46.50 per share. Assume a $100 par value per share. Calculate the cost of capital of the preferred stock? 2) A company is considering issuing preferred stock paying an annual dividend of $3.12 per share. Estimated sale price per share is $62.00 and the cost of issuance is $0.75 per share. What would be the companies cost of capital of the preferred stock? 3) A company has just paid a dividend of $3.00 on its common stock. Its dividend growth has been 5% per year and that is expected to continue in perpetuity. The stock is currently trading at $44.8. What is the company's cost of equity? 5) A company expects to pay a dividend of $2.50 per share this year. The dividend is expected to grow at 4% per year. The stock is currently trading at $29.40. What is the company's cost of equity