1. Crypton Electronics has a capital structure consisting of 40 percent common stock and 60 percent debt. A debt Issue of $1,000 par value, 6 percent bonds that mature in 15 years and pay annual interest will sell for $975. Common stock of the firm is currently selling for $30 per share and the firm expects to pay a $2.25 dividend next year. Dividends have grown at the rate of 5 percent per year and are expected to continue to do so for the foreseeable future. What is Cryptons cost of capital where the firms tax rate is 30 percent?