Cost of capital Edna Recording Studios, Inc., reported emings valable to common stock of 54.800,000 last year. From those camins, the company paid a dividend of $1.33 on each of its 1,000,000 .common shares outstanding the capita structure of the company includes 40% debt, 20% preferred stock and 40% common stock. It is taxed at a rate of 22% 2. If the market price of the common stock is 538 and dividends are expected to grow at a rate of 8% per year for the foreseeable future, what is the company's cost of retained anings financing b. If underpricing and flotion costs on new shares of common stock amount to 56 per share what is the company's cost of new common stock financing c. The company can issue 5184 dividend preferred stock for a market price of $30 per share. Flotation costs would amount to 58 per share. What is the cost of preferred stock financing? . The company can issue $1.000-bar.value, 10% coupon, 13 year bonds that can be sold for $1.260 each. Flotation costs would amount to $25 per bond. Use the estimation formula to figure the approximate ahor-tax cost of our finanong? .. What is the WACC? 2. If the market price of the common stock is $38 and dividends are expected to grow at a rate of 8% per year for the foreseeable future, the company's cost of retained earnings financing is. Round to two decimal places) b. I underpricing and flotation costs on new shares of common stock amount to 56 per share the company's cost of new common stock financing is (Round to two decimal places) c. the company con sus 31.84 dividend preturned sock for a market price of $30 per share, and folation costs would amount to $6 per share the cost of pratarred stock financing is % (found to bwo decimal places) d. the company can issue $1.000-par-value, 10% coupon, 13-year bonds that can be sold for $1.200 each, and fotation costs would amount to $25 per bord, using the estimation formula, the approximate after tax cost of debt financing is EN Round to two decimal places) .. Using the cost of retained earnings, r, the firm's WACC Round to two decimalpos) Using the cost of new common stock, the WACC Round to two decimal places) Enter your answer noch answers