D Question 15 1 pts Bay Beach Industries wants to maintain the capital structure of 40% debit and 60% equity. The tax rate is 34%. The firm can be the following securities finance the investments Bonde: Morten bords can be bound at a pre-tax cost of 71 percent. Debentures can be insured at a pre tax cost 90 percent Common Equity. Some retained camings will be available for investment. In addition, new common stock can be and at the market price of $50. Flotation ents will be $3 per share. The recent common stock dividend was $789. Dividends are expected to grow in the future What is the cost of capital mortgebonds and interruquity? Set your calculator to 4 decimal places. PLEASE INPUT THE ANSWERIN PERCENT ROUNDING IT TO ZDECIMALS DO NOT INCLUDESIGNLEG. INSTEAD OF 9.99223 INPUT 9.99