ABC Company's current share price is $21.55 and it is expected to pay a $0.65 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 2.8% per year. What is an estimate of ABC Company's cost of equity? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answer. Enter your response below. 5.81 Correct response: 5.82+0.01 Click "Verify" to proceed to the next part of the question ABC Company also has preferred stock outstanding that pays a $1.7 per share fixed dividend. If this stock is currently priced at $33.85 per share, what is ABC Company's cost of preferred stock? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answer. Enter your response below. 5.02 Correct response: 5.02+0.01 Click "Verify" to proceed to the next part of the question. ABC Company has existing debt issued three years ago with a coupon rate of 6%. The firm just issued new debt at par with a coupon rate of 5.1%. What is ABC Company's pre-tax cost of debt? Enter your answer as a percentage. Do not include a percent sign in your answer. Enter your response below. 5.1 Correct response: 5.1+0.01 Click "Verify" to proceed to the next part of the question, ABC Company has 6 million common shares outstanding and 2 million preferred shares outstanding, and its equity has a total book value of $45 million. Its debt has a market value of $25 million. If ABC Company's common and preferred shares are priced at $21.55 and $33.85, respectively, what is the market value of ABC Company's assets? Enter your answer in millions of dollars. V= Number million Click "Verify" to proceed to the next part of the