Calculation of individual costs and WACC Lang Enterprises interested in measuring its overall cost of capital. Current investigation has gathered the following data. The firm is in the 20% tax bracket Debt The firm can use it by eling $t,000-parue, 5% coupon interest rate, 1-year bonds on which widerst payment will be made. To all the verge discount of $20 per bond would have to be given. The firm also must pay fotation cost of $30 per bond Preferred stock The firm cansate proferred stock at its $105-perstare per value. The cost of using and selling the preferred stock is expected to be spet share. Preferred stock can be sold under these terms Common stock Thef's common stock is currently selling for 55 per share the firm expects to pay cash dividends of $6 pershavenext year. The firm's dividends have been growing at an annual rate of 6%, and this growth is expected to continue into the home The Mock must be underpriced by 57 pershare and fortation costs are expected to amount to $ per share. The firm can now.common stock underest Retained earnings Whenmessuring the cost. The tem does not concem with the tax bracket or brokerage fees of owners. I expects to have wale $100,000 of retained earning in the coming year, once these retained earnings exhausted the firm will use new common stock as the form of common Vock equity financing Calculate the after-tax cost of debt Calculate the cost of preferred stock e Calculate the cost of common stock Calculate the fighted average cost of capital using the capital structure weights shown in the following table, Round answer to the nearest 0.019) Data table The stor tax cost of debt using the approximation formata in D (Round to wo decimal places) The water tax cost of debt using the band's yield to marry (TM) (Round to two decimal places) The cost of preferred Mock Round to two decimal places) c. The cost of retained earnings (Round to two decimal places The cost of new commence found to w decimale) & Using the cost of red Gaming, WACC Mound two decano) Using the cost of new common wock, elem's WACC Pound two decina pecm) (Click on the icon here in order to copy the contents of the datatable below into spreadsheet Source of capital Weight tong-term del 205 Preferred stock 25 Common work quity Total 100% Print Done