Compare the costs of the following sources of financing: A 1.000 $ par value bond with a market price of 970 $ a coupon interest rate of 10%. Flotation costs for a issue would be approximately 5% of market price. The bonds mature in 10 years the marginal corporate tax rate is 34 %. A preferred stock selling for 100 $ with an annual dividend payment of 8 $. The Flotation cost will be 9$ per share. The marginal tax rate is 30%. Retained earnings totaling 4.8 $ million. The Price of the Common Stock is 75 $ per share, dividend per share was 9.80 $ last year. The dividend is not expected to change in the future. New common stock for which the most recent dividend was 2.80 $. The company's dividends per share should continue to increase at an 8% growth rate into the indefinite future. The market price of the stock is currently 53 $. However, flotation cost of 6 $ per share are expected if the new stock is issued