Further From Center has 10,800 shares of common stock outstanding at a price of $42 per share. It also has 245 shares of preferred stock outstanding at a price of $93 per share. There are 580 bonds outstanding that have a coupon rate of 6.1 percent paid semiannually. The bonds mature in 23 years, have a face value of $1,000, and sell at 105 percent of par. What is the capital structure weight of the preferred stock? a. .5611 b. .0210 c. 4179 d. .0977 e. .0663 A project with an initial cost of $23,050 is expected to generate cash flows of $5,400,$7,500,$8,500,$7,400, and $6,200 over each of the next five years, respectively. What is the project's payback period? a. 3.58 years b. 3.81 years c. 3.22 years d. 3.33 years e. 3.42 years Judy's Boutique just paid an annual dividend of $3.01 on its common stock. The firm increases its dividend by 3.70 percent annually. What is the company's cost of equity if the current stock price is $41.08 per share? a. 11.03% b. 11.70% c. 10.41% d. 11.30% e. 10.72%