HBM, Inc has the following capital structure: Assets $ 300,000 Debt $ 135,000 Preferred stock 45,000 Common stock 120,000 The common stock is currently selling for $18 a share, pays a cash dividend of $0.95 per share, and is growing annually at 4 percent. The preferred stock pays a $7 cash dividend and currently sells for $94 a share. The debt pays interest of 8.5 percent annually, and the firm is in the 30 percent marginal tax bracket. What is the after-tax cost of debt? Round your answer to two decimal places. 5.95 % What is the cost of preferred stock? Round your answer to two decimal places. 7.45 % What is the cost of common stock? Assume that the current $0.95 dividend grows by 4 percent during the year. Round your answer to two decimal places. 9.49 % What is the firms weighted-average cost of capital? Round your answer to two decimal places. 01 %