Cost of capital Edna Recording Studios, Inc. reported earnings available to common shock of $5.000.000 last year, From those earnings, the compary paid a dividend of $1.16 on each of its 1,000.000 common shares outstanding. The capital structure of the comparry includes 25% debt, 20% preferred stock, and 55% common stock. It is taoed at a rate of 21% a. It the market price of the common slock is $50 and dividends are expected to grow at a rate of 6% per year for the foreseetable fulure, what is the compary's cost o retained earnings financing? b. If underpricing and flotation costs on new shares of common slock amourl to $9 per share, What is the company's cost of new common stock financing? c. The company can issue $1.76 dividend preferred stock for a market price of $31 per share. Flotation costs would amount to $5 per share. What is the cost of preferted stock financing? d. The company can issue $1,000-par-value, 8\% arnual coupon. 12-year bonds that can be sold for $1,240 each. Flotation costs would amount to $35 per bond What is the atler-bax cost of debt financing? e. What is the Wacc? a. If the market price of the common shock is $90 and dividonds are expocted to grow at a rate of b\% por yoar for the foreseoable future, the company's cost of retainud earnings financing is W. (Round to two docimal places.)