b. C. d. 9.16% 8.26% 7.26% 14. Suppose Hawkeye Inc. just issued a dividend of $2 per share on its common stock. If the stock currently sells for $74, what is your best estimate of the company's cost of equity capital? The company paid dividends of $1.05, $1.12, $1.29, and $1.39 per share in the last four years, averaging about 7.1% growth. Pick closest answer. 10% b. 9.37% c. 8.03% d. 7.26% a. 15. The Mid Penn Bank (MPB) has an issue of preferred stock with a $7 stated annual dividend that just sold for $90 per share. What is the MPB's cost of preferred stock? a. 7.37% b. 9.37% Hinw noin C. 8.54% we d. 7.78% 6. Aaron's Man Bun Ltd. issued a 30-year, 7.4 percent annual bond 9 years ago. The bond currently sells for $930 today. The company's tax rate is 21 percent. What is the after-tax cost of debt? a. 8.11% b. 6.40% C. 9.35% d. 5.82%