Growth$$ Company's current share price is $ $20\mathrm{.}10$ and it is expected to pay a $ $0\mathrm{.}95$ dividend per share next year. After$$ that, the$$ firm's dividends are expected to grow at a rate of $4\mathrm{.}3\%$ per year.

a$.$ What is an estimate of Growth$$ Company's cost of$$ equity?

b$.$ Growth Company also has preference shares outstanding that pay a $ $2\mathrm{.}30$ fixed dividend. If these shares are currently priced at $ $27\mathrm{.}95,$ what is Growth$$ Company's cost of preference$$ shares?

c$.$ Growth Company has existing debt issued three years ago with a coupon rate of $6\mathrm{.}1\%.$ The firm just issued new debt at par with a coupon rate of $6\mathrm{.}8\%.$ What is Growth$$ Company's pre$-$tax cost of$$ debt?

d$.$ Growth Company has $4\mathrm{.}5$ million ordinary shares outstanding and $1\mathrm{.}3$ million preference shares$$ outstanding, and its equity has a total book value of $ $50\mathrm{.}2$ million. Its liabilities have a market value of $ $19\mathrm{.}8$ million. If Growth$$ Company's ordinary and preference shares are priced as in parts a and b$,$ what is the market value of Growth$$ Company's assets?

e$.$ Growth Company faces a $40\%$ tax rate. Given the information in parts a$-$d$,$ and your answers to those$$ problems, what is Growth$$ Company's WACC?