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f The yield on the PQR company's outstanding bonds is 7.75%, its tax rate is 40%, the recently paid dividend is RM0.65 a share, the

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f The yield on the PQR company's outstanding bonds is 7.75%, its tax rate is 40%, the recently paid dividend is RM0.65 a share, the dividend is expected to grow at a constant rate of 6.00% a year, the price of the stock is RM15.00 per share, the flotation cost for selling new shares is F-15%, and the target capital structure is 45% debt and 55% common equity a. Calculate the firm's cost of retained eamings b. Calculate the firm's cost of newly issued common stock c. Calculate the firm's after-tax cost of debt d. Calculate the firm's WACC, assuming it does not issue new stock to finance its capital budget.)

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