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The CFO of Speed TV Lirritted has asked for your assistance in determining the cost of debt and preferred siock for the conpary Before performing any calculations, the CFO ossumes the aftertax cost of debt is at least 6 percent less than that for preferred stock. Debt can be issued at a yleta of 8.4 percent, and the corporate tax rate is 40 percent. Prefened shares will be priced at 557 and puy a dividend of $5.80. The fotation cost on the preferred stock is $5. Do not round intermediate calculations. Pound the final antwarm to 2 decimal ploces.) Pieose submit all colculetiens on Moodle a. Comprie the attertax cost of debt. [2. marks] Afleitax cost of debt b. Compute the aftertax cost of preferred stock. [2 maks] Attertiax cost of preferred stock c. Based an the facts given above, is she correct? [I mark] Yes: No