GHI Company's current share price is $24.7 and it is expected to pay a $1.05 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 2% per year. What is an estimate of GHI Company's cost of equity? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answer, Enter your response below. 6.25 Correct response: 6.25 0.01 Click "Verity to proceed to the next part of the question. > GHI Company also has preferred stock outstanding that pays a $1.75 per share fixed dividend. If this stock is currently priced at $29.7 per share, what is GHI Company's cost of preferred stock? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES. Do not include a percent sign in your answer. Enter your response below, 5.89 Correct response: 5.890.01 Click "Verity to proceed to the next part of the question GHI Company has existing debt issued three years ago with a coupon rate of 6%. The firm just issued new debt at par with a coupon rate of 5.3%. What is GHI Company's pro-tax cost of debt? Enter your answer as a percentage. Do not include a percent sign in your answer. Enter your response below. 5.3 Correct response: 5.330.01 Submit Assignment Quit & Save Question Menu Nex GHI Company has 7 million common shares outstanding and 1 million preferred shares outstanding, and its equity has a total book value of $75 million. Its debt has a market value of $30 million. If GHI Company's common and preferred shares are priced at $24.7 and $29.7, respectively, what is the market value of GHI Company's assets ? Enter your answer in millions of dollars. V = Number million Click "Verity to proceed to the next part of the question Section Attempt 1 of 1 Verify