Growth Corrpany's current share price is $19.85 and it is expected to pay a $0.90 dividend per share next year. Aster that, the firm's dindonds are expected to grow ot a rate of 4.15 per year. a. What is an astimate of Growth Company's cost of equity? b. Growth Company also has proforred stock outstanding that pays a $2.25 per share fixed dividend, Is this stock is currently pricod at $28. 05. what is Groweh Company's cost of proferred stock? c. Growet Compary has existing debt issived three years ago with a coupon rate of 6.3%. The firm just issued new debt at par with a coupon rate of 6.7%. What is Growth Company's pretax cost of Sebt? d. Growth Company has 5.3 million common shares outstanding and 1.5 millon preferred shares outstanding. and its equily has a lotal book value of $50.0 milion. its liabilies have a market value of 319.6 milion. if Growth Compary's common and prefecred thares are pricod as in parts (a) and (b), what is the market value of Growth Company's assets? 8. Growth Company faces a 21% tax rate. Given the information in parts (a) through (d), and your answers to those probloms, what is Growth Company's Waccr? Note: Assume that the frm will always be able to utilize its fuil intereat tax sheid. a. What is an estimate of Growth Companys cost of equity? The tequed return (cost of capitai) of levered equily is is (Round to two decimal places) b. Growth Company aho has proferred stock outwtanding that parys a $2.25 per share fixed dividend. If this stock is currantly priced at $28. o5, what is Growth Companys cost of prefecred stock? The cost of capital for preferred otock is \%. (Round to two docimal places.) c. Growth Company has existing debt issued throe years ago with a coupon rase of 6.3%. The frm juat issued now debt at par with a coupon rate of 6.7%. What is Growth Companya cost of dobt? (Select from the drop-down menus:) The pre-tax cost of debt is the firmis YTM on current debt. Since the firm recenty issued debt at par, then the coupon rate of that debt must be cost of debt is