GrowthCompany's current share price is$ 19.85and it is expected to pay a$ 1.15 dividend per share next year. Afterthat, thefirm's dividends are expected to grow at a rate of 3.8 % per year. (two decimal places)

a.What is an estimate of GrowthCompany's cost ofequity?

b.Growth Company also has preferred stock outstanding that pays a$ 2.15per share fixed dividend. If this stock is currently priced at$ 28.00, what is GrowthCompany's cost of preferredstock?

c.Growth Company has existing debt issued three years ago with a coupon rate of 6.3 %.The firm just issued new debt at par with a coupon rate of 6.8 %. What is GrowthCompany's cost ofdebt?

d.Growth Company has5.5million common shares outstanding and1.4million preferred sharesoutstanding, and its equity has a total book value of$ 50.2million. Its liabilities have a market value of$ 19.6million. If GrowthCompany's common and preferred shares are priced as in parts (a) and (b), what is the market value of GrowthCompany's assets?

e.Growth Company faces a 40 %tax rate. Given the information in parts (a) through (d), and your answers to thoseproblems, what is GrowthCompany's WACC?