Adamson Corporation is considering four average-risk projects with the following costs and rates of return:

Project	Cost	Expected Rate of Return
1	$2,000	16.00%
2	3,000	15.00
3	5,000	13.75
4	2,000	12.50

The company estimates that it can issue debt at a rate of rd = 10%, and its tax rate is 40%. It can issue preferred stock that pays a constant dividend of $6 per year at $47 per share. Also, its common stock currently sells for $31 per share; the next expected dividend, D1, is $3.00; and the dividend is expected to grow at a constant rate of 6% per year. The target capital structure consists of 75% common stock, 15% debt, and 10% preferred stock.

What is the cost of each of the capital components? Round your answers to two decimal places. Do not round your intermediate calculations.

What is the cost of each of the capital components? Round your answers to two decimal places. Do not round your intermediate calculations. Cost of debt =% Cost of preferred stock= % Cost of retained earnings=%