Growth Company's current share price is $19.95 and it is expected to pay a $1.25 dividend per share next year. After that, the firms dividendir are expected to grow at a rate of 4.5% per year. a. What is an estimate of Growth Company's cost of equity? b. Growth Company also has preferred stock outstanding that pays a $2.26 per share fixed dividend. If ifis stock is currently priced at $28. O5, what is Growth Companys cout af prefented atock? c. Grent obt? The tem ust issued new dote at par with a coupon rate of 6.8%. What is Giows companys preder costs of $20.4 milion. If Growth Company's conmon and preforred ahares are priced as in part tal and (b) whing, and its equity has a total book walue of 380.0milion its fabities have a market vatu 0. Growth Company faces a 214 tax rate. Given the information in parts (a) through (d). and your (b) what is the market value of Growth Compary's assets? Note: Assume that the firm will always be able to ublize its full interest tax shield: a. What is an estimate of Growth Company's cost of equity? The required retum (cost of capital) of levered equily is K. (Alound to two decimal places.)