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3) Dewyco has preferred stock trading a $49 per share. The next preferred dividend of $4 is due in one year. What is Dewyco's cost

3) Dewyco has preferred stock trading a $49 per share. The next preferred dividend of $4 is due in one year. What is Dewyco's cost of capital for preferred stock?

4) Steady Company's stock has a beta of 0.17. If the risk-free rate is 6.1% and the market risk premium is 6.8%,

what is an estimate of Steady Company's cost of equity?

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