Hilly & Billy, Inc. Number outstanding: Market Price: Po Security Par Value Maturity Floatation expenses: f n Coupon (Paid quarterly) 6.00% 8.0% 10 years Bond Preferred Common 1,000 100 970 3,866 105 14,286 65 150,000 Dividend just paid: $4.37 4.00% 3.0% 11.0% Dividend: 20% Dividend Payout Ratio: Other Info ROE: 7.5% Tax: 30.0% Please compute the following for Hilly & Billy, Inc. 1. Cost of Debt 2. Cost of Preferred 3. Cost of Equity 4. Cost of Capital: WACC