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answer all please st Cost of capital Edna Recording Studios, Inc., reported earnings available to common stock of $4,200,000 last year. From those earnings, the

answer all please

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st Cost of capital Edna Recording Studios, Inc., reported earnings available to common stock of $4,200,000 last year. From those earnings, the company paid a dividend of $1.21 on each of its 1,000,000 common shares outstanding. The capital structure of the company includes 45% debt, 20% preferred stock, and 35% common stock. It is taxed at a rate of 27% a. If the market price of the common stock is 547 and dividends are expected to grow at a rate of 8% per year for the foreseeable future, what is the company's cost of retained earnings financing? b. If underpricing and flotation costs on new shares of common stock amount to $8 per share, what is the company's cost of new common stock financing? c. The company can issue $2.33 dividend preferred stock for a market price of $32 per share. Flotation costs would amount to $3 per share. What is the cost of preferred stock financing? d. The company can issue $1,000-par-value, 10% coupon 12-year bonds that can be sold for $1.210 each. Flotation costs would amount to $25 per bond. Use the estimation formula to figure the approximate after-tax cost of debt financing? e. What is the WACC? a. If the market price of the common stock is 547 and dividends are expected to grow at a rate of 8% per year for the foreseeable future the company's cost of retained earnings financing is % (Round to two decimal places) Enter your answer in the answer box and then click Check Answer ? 5 parts remaining

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