Compute the costs of the following sources of financing for LVMN Industries: (a) A new common stock issued by LVMN paid a $2 dividend last year. The par value of the stock is $16, and earnings per share have grown at a rate of 8 percent per year. This growth rate is expected to continue into the foreseeable future. The price of the stock today is $28.70, but 4 percent flotation cost (as a percent of market price) are anticipated. (b) Internal common equity when the current market price of LVMN common stock is $45. The expected dividend this coming year should be $3.70, increasing thereafter at a 5 percent annual growth rate. LVMN's corporate tax rate is 24 percent. (c) LVMN has a preferred stock paying an 8 percent dividend on a $180 par value. If a new issue is offered, flotation cost will be 14 percent of the current price of $190. (d) A LVMN bond that has a $1,000 par value and a coupon interest rate of 8 percent. A new issue would have a flotation cost of 4 percent of the $1,150 market value. The bonds mature in 11 years. The firm is in the tax bracket of 21 percent