Below is information regarding the capital structure of Micro Advantage Incorporated on the basis of this information you are asked to respond to the following three questions Required: 1. Micro Advantage issued a $5,550,000 par value, 20 year bond a year ago at 98 (l. 98% of par value) with a stated rate of 8% Today, the bond is selling at 110 0e 110% of par value) ir the firm's tax bracket is 30% what is the current after tax cost of this debt? 2. Micro Advantage has $5,330,000 preferred stock outstanding that it sold for $25 per share. The preferred stock has a per share par value of $24 and pays a $3 dividend per year. The current market price is $30 per share. The firm's tax bracket is 30% What is the after-tax cost of the preferred stock? 3. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 68,000 shares of common stock outstanding that has a par value of $10 per share and a current market price of $140 per share. The expected after-tax market return on the firm's common equity is 20% What is Micro Advantage's weighted average cost of capital (WACC)? -41 Complete this question by entering your answers in the tabs below. 5 Required 1 Required 2 Required 3 Micro Advantage issued a $5,550,000 par value, 20-year bond a year ago at 98 (l.e., 98% of par value) with a stated rate of 8%. Today, the bond is selling at 110 (T.e. 110% of par value). If the firm's tax bracket is 30%, what is the current after-tax cost of this debt? (Round your answer to 2 decimal places. (1.0. 1234 = 12.34%)) Current after-tax cost of this debt % Micro Advantage has $5,330,000 preferred stock outstanding that it sold for $25 per share. The preferred stock has a per share par value of $24 and pays a $3 dividend per year. The current market price is $30 per share. The firm's tax bracket is 30%. What is the after-tax cost of the preferred stock? (Round your answer to 2 decimal places. (I.e. 1234 = 12.34%)) After-tax cost of the preferred stock %