find the cost of common equity ?

solve for the cost of preferred stock?

solve for the before tax and after tax cost of debt?

Question 17 4 pts Use the following information to answers questions 17 to 26. (Long Answer/Essay - primarily Chapter 13 but includes concept from many chapters) You are the CFO of Micro Spinoff Inc. The company has 3.000.000 shares of common stock outstanding ata market price of $50 a share. Micro Spinoff lust pald an annual dividend in the amount of $3.12 per share. The dividend scowth Is 5.8 percent annually. Micro Spinoff also has 70,000 bonds outstanding with a face value of $1.000 per bond that are selling 115.372 percent of par. The bonds have a 12 percent coupon pay interest semiannually, and have 15 years to maturity. Finally the firm has 400,000 shares of preferred stock outstanding at a market price of $58,48 a share. Preferred stocks pay doen of 6.67 percent on its par value of $75.00. The firm is considering a three vear expansion project (same operations as the existing projects of the firm that requires an initial investment in a machine of $200.000. The increase in Net Working Capital (WC) at time is $10.000 that will be reduced to normal levels at the end of the project at time 3. The machine has a life of 4 years and will be depreciated to using h e method. The Earnings Before Interest, Taxes. Detection and Anacation EBITDA in the first year is $70,000 and th r ow at 6 percent a year. At the end of the project (year 3), the machine can be sold for $10.000. The firm's tax rate is 21 percent Find the cost of common equity