GrowthCompany's current share price is $ 19.85 and 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 $ 2.15 per 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 has 5.5 million common shares outstanding and 1.4 million preferred sharesoutstanding, and its equity has a total book value of $ 50.2 million. Its liabilities have a market value of $ 19.6 million. 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?