Cost of capital Edna Recording Studios, Inc, reported eamings avalable to common stock of $4,600,000 last year. From those eamings, the campany paid a dividend of \$1,32 on each of its 1,000,000 common shares outstanding. The capital structure of the compary includes 35% debt, 15% profected stock, and 50% common stock. It is taried at a rate of 26%. a. It the market price of the common slock is $34 and dividends are expected to grow at a rate of 6% per year for the foreseeable future, what is the company's cost of retained camings financing? b. If underprieing and flotation costs on new shares of commen stock amcunt to \$7 per share, what is the company's cost of now common stock financing? c. The company can issue $1.81 dividend preferred stock for a market price of $33 per share. Flotation costs wovld amount to $6 per share. What is the cout of preferred stoek financing? d. The company can iscue $1,000-par-value, 7% coupon, 10 -year bonds that can be sold for $1,300 each. Flotabion costs would amount to $30 per bond Use the estmation formula to foure the approximate aftertax cost of debt financing? 0. What is the WACC