Answer question D please.

Growth Company's current share price is $19.95 and it is expected to pay a $1.10 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 4.4% per year. a. What is an estimate of Growth Company's cost of equity? b. Growth Company also has preferred stock outstanding that pays a $1.85 per share fixed dividend. If this stock is currently priced at $28.05, what is Growth c. Growth Company has existing debt issued three years ago with a coupon rate of 5.9%. The firm just issued new debt at par with a coupon rate of 6.9% d. Growth Company has 5.4 milion common shares outstanding and 1.1 milion preferred shares outstanding, and its equity has a total book value of $50.2 million. Its liabilities have a market value of $20.3 milion. If Growth Company's common and preferred shares are priced as in parts (a) and (b), what is the c. Growth Company faces a 22% tax rate. Given the information in parts (a) through (d), and your answers to those problems, what is Growth Company's Note: Assume that the firm will always be able to utilize its full interest tox shield. 11 The pro-tax cost of debt is the firm's YTM on current debt. Since the firm recently issued debt at par, then the coupon rate of that debt must be equal to the YTM of the debt. Thus, the pre-tax cont of debt is 6.9% d. Growth Company has 5.4 million common shares outstanding and 1.1 million preferred shares outstanding, and its equity has a total book value of $50.2 million. Its liabilities have a market value of $20.3 million. If Growth Company's common and preferred shares are priced as in parts (a) and (b), what is the market value of Growth Company's assets? 20 21 The market value of assets is $ 20.3 million, (Round to two decimal places)