A-Rod Manufacturng Company is trying to calculate its cost of capital for use in making a capital budgeting decision. Mr. Jeter, the vice president of finance, has given you the following information and has asked you to compute the weighted average cost of capital The company currently has outstanding a bond with a 9.6 percent coupon rate and another bond with an 7.2 percent rate. The firm has been informed by its investment banker that bonds of equal isk and credit rating are now selling to yleid 10.5 percent. The common stock has a price of $50 and an expected divdend (D1) of $170 per share. The histoncal growth pattern (g) for dividends is as follows $1251391.54170 The preferred stock is selling at $70 per share and pays a dividend of $6.60 per share. The corporate tax rate is 30 percent. The fotation cost is 20 percent of the selling pnce for preferred stock. The optimum capital structure for the firm is 25 percent debt, 10 percent preferred stock, and 65 percent common equity in the form of retained earnings Q. Compute the average nistoncal growth rate Note: Do not round intermediate calculations. Round your onswer to the nearest whole percent and use this value os g. Input your onswer os o whole percent. b. Compute the cost of capital for the individual components in the copital structure Note: Use the rounded whole percent computed in port a for g. Do not round eny other intermediote calculations. Input your answers as a percent rounded to 2 decimal places. c. Calculate the weighted cost of each source of capital and the welghted average cost of caphal. Note: Do not round Intermedlate calculations. Input your answers as a percent rounded to 2 decimal places