5- Growfast Construction has preferred stock outstanding that pays a dividend of $2.41per year. The current market price of the preferred stock is$28.What is the cost of preferred stock to? Growfast?

2- Calculate the? after-tax cost of debt for the following bond. The face value of the bond is ?$1,000?, interest is paid? annually, the coupon rate is14?%and the bond matures in 25 years. Assume that the corporate tax rate is 25?%. When the bond was issued it sold for a price of ?$1,140. what is the? after-tax cost of debt for the bond ??