8 of 13 (10 complete) HY Score: 76.92%, 10 of 13 pts Score: 0 of 1 pt Question Help P 13-17 (similar to) Growth Company's current share price is $19.85 and it is expected to pay a $1.00 dividend per share next year. After that, the firm's dividends are expected to grow at arate of 42% per year. a. What is an estimate of Growth Company's cost of equity? b. Growth Company also has preferred stock outstanding that pays a $2 20 per share fxed dividend. If this stock is currently priced at $27.85, what is Growth Company's cost of preferred stock? c Growth Company has ex sting debt issued tree years ago with a coupon rate of 64%. The f mjust issued new debt at par with a coupon rate of 63%, what is Growth Company's cost of debt? d. Growth Company has 4.5 million common shares outstanding and 1.5 million preferred shares outstanding, and its equity has a total book value of $50.3 million. Its liabilites have a market value of $19.8 million. If Growth Company's common and preferred shares are priced as in parts (a) and (b), what is the market value of Growth Company's assets? e. Growth Company faces a 40% tax rate. Gren the infor aton in parts (a through d and your answers to those problems, what is Growth Company's WACC? Growth Company's assets? The market value of assets is $ 150.90 million. (Round to two decimal places.) e. Growth Company faces a 40% tax rate. Given the inform ation in parts (a) through d The weighted average cost of capital is[]%.(Round to two decimal places.) and your answers to those problems, what is Growth Company's WACC