Calculation of individual costs and WACC Dillon Labs has asked its financial manager to measure the cost of each specific type of capital as well as the weighted average cost of capital The weighted average cost is to be mesured by using the following weights 50% long form dobt 15% preferred stock, and 35% common stock equity retained earnings now common stock, or both) The firm's tax ritois 28% Debt The human sell for $1020 a 16-year $1,000.00 value bond paying an interest at a 9.00% coupon rate A flotation cost of 3.5% of the par value is required Preferred stock 950% (annual dividend) preferred stock having a par value of $ 100 can be sold for $92. An additional too of sa por share must be paid to the underwriters Common stock Ther's common stock is currently selling for 500 por share the stock has pada dividend that has gradually increased for many years, tsing trom $2.25 ton years ago to the $443 dividend payment that the company just recently made the company wants to issue row new common stock, it will sell thom $2.00 below the current market price to attract investors and the company will pay $300 por share infotation costs a. Calculate the after-tax cost of debt. b. Calculate the cost of preferred stock. c. Calculate the cost of common stock (both retained earnings and new common stock), d. Calculate the WACC for Dillon Labs. a. The after-tax cost of debt using the bond's yield to maturity (YTM) is %. (Round to two