Complete the following questions a. A bond with $1,000 par value and a coupon rate of 7 percent. And, the floatation cost for any new issue of the bond is of 8 percent of the current market price which is $1,115. The bonds will mature in 6 years. The firm's marginal tax rate is 21 percent. b. A new issue of ABC stock that just paid $1.20 dividend per share. The stock's par value is $15, with an earning's growth rate of 7 percent per year, and is expected to grow at this rate in the future. The company's dividend to earnings ratio is 30 percent. And the current stock price is $24, but 8 percent flotation costs is expected for the new issues. c. The current price of the common stock is $43, and the forthcoming dividend is expected to be $3.30, increasing at an annual growth rate of 8 percent. And, the corporation's tax rate is 21 percent. d. The par value of a preferred stock with a par value of $120 pays a dividend of 9 percent. For the new issue the flotation costs will be 13 percent of the market price of $172. a. What is the firm's after-tax cost of debt on the bond? % (Round to two decimal places.) b. What is the cost of external common equity? % (Round to two decimal places.) c. What is the cost of internal common equity? % (Round to two decimal places.) d. What is the cost of capital for the preferred stock? % (Round to two decimal places.)