Growth Company's current share price is $20.30 and it is expected to pay a $1.10 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 4.3% per year.

a. What is an estimate of Growth Company's cost of equity? Answer ---> 9.72%

b. Growth Company also has preferred stock outstanding that pays a $2.00 per share fixed dividend. If this stock is currently priced at $28.20, what is Growth Company's cost of preferred stock? Answer ---> 7.09%

c. Growth Company has existing debt issued three years ago with a coupon rate of 5.9%. The firm just issued new debt at par with a coupon rate of 6.2%. What is Growth Company's cost of debt? Answer ---> 6.2%

d. Growth Company has 5.2 million common shares outstanding and 1.4 million preferred shares outstanding, and its equity has a total book value of $50.0 million. Its liabilities have a market value of $20.4 million. If Growth Company's common and preferred shares are priced as in parts (a) and (b), what is the market value of Growth Company's assets? Answer ---> 165.44 million

e. Growth Company faces a 22% tax rate. Given the information in parts (a) through (d), and your answers to those problems, what is Growth Company's WACC? _________. (Note: Assume that the firm will always be able to utilize its full interest tax shield.)

****Just need answer for part e , I did provide the answers for a-d. Thanks you!