A company has 25,000 shares of common stock with a price today at $48 per share. Common stock just paid an annudal dividend of $2.20 and its growth rate is 2.5%. Outstanding bonds mature in 13 years with a total face value of $750,000 and face value per bond of $1,000. The market price is quoted at 101. Semiannually, bonds pay 7% interest and the tax rate is 34%. Calculate the companys cost of equity, after-tax cost of debt, and weighted average cost of capital. (show work)