Analysts are forecasting Life Tech Corporation's common stock price to be $120 at the end of one year. Also, Life Tech will pay a dividend of $2.60 one year from now. You plan to buy the stock now and sell at the end of one year. If you require a 13% return, what would you be willing to pay to buy the stock now? O $106.19 O $135.60 O $108.50 O $133.00 O $103.89 Tyler Industries has a target capital structure of 50% common equity, 10% preferred stock, and 40% debt. The cost of retained earnings is 12%, and the cost of a new stock issue is 14%. The firm anticipates having $24 million in retained earnings available over the coming year. Preferred stock can be sold at a cost of 9%. The firm has a $15 million line of credit with a major bank, which has an after- tax cost of 5%. Beyond this amount, debt would have to be raised through a bond issue, and would have an after-tax cost of 7%. Tyler Industries has a marginal tax rate of 21%. What is the firm's cost of capital using bank loans, preferred stock, and external equity? O 8.9% O 9.7% O 10.7% O 9.9% 09.0%