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Adventure Plus just issued a common-stock dividends of $2.90. The current stock price is $38. Dividends are expected to grow at a rate of 3.8

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Adventure Plus just issued a common-stock dividends of \$2.90. The current stock price is \$38. Dividends are expected to grow at a rate of 3.8 percent. There are 1.7 million shares outstanding. Calculate the firm's cost of equity. 12.20%12.70%11.72%12.45% Adventure Plus has 9% preferred stock with a par value of $100. The current price of preferred stock is $68. There are 260,000 shares outstanding. Calculate the firm's cost of preferred stock. 13.66%13.24%13.24%13.45% 5 years ago, Adventure Plus issued a 15-year semiannual bond with a coupon of 7.5%. Today it sells at 91 percent of par. There are 14000 of these bonds outstanding. each with a face value of $1,000. Calculate the firm's pretax cost of debt. 8.88% 8.41% 8.26% 8.57%

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