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.... has 2.11 million shares of common stock outstanding with a book value of 45$ with a recent dividend of 6.2$ the firms capital also

.... has 2.11 million shares of common stock outstanding with a book value of 45$ with a recent dividend of 6.2$ the firms capital also includes 2900 shares of 5.5% preferred stock outstanding with a par value of 100 and the firms dept include 2250 4.5 percent quarterly bonds outstanding with 35 years Maturity issued 5 years ago the current trading price of the preferred stock and bonds are 102% of its par value and common stocks trade for 15$ with a constant groth of 6% the beta stock is 1.13 and the market rise premium is 7% calculate after tax weighted average cost of capital of the firm assuming tax rate of 30%

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