HBM, Inc has the following capital structure: Assets $ 400,000 Debt Preferred stock Common stock $ 160,000 40,000 200,000 The common stock is currently selling for $15 a share, pays a cash dividend of $0.90 per share, and is growing annually at 5 percent. The preferred stock pays a $7 cash dividend and currently sells for $86 a share. The debt pays interest of 6.0 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. % What is the cost of preferred stock? Round your answer to two decimal places. % What is the cost of common stock? Assume that the current $0.90 dividend grows by 5 percent during the year. Round your answer to two decimal places. % What is the firms weighted-average cost of capital? Round your answer to two decimal places