Holdup Bank has an issue of preferred stock with a $0.85 stated dividend that just sold for $41.3 per share. What is the bank's cost of preferred stock? Enter the answer with 4 decimals (e.g. 0.1234). Question 4 1 pts Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 8 years to maturity twith a current price of $1042. The issue makes semiannual payments and has coupon rate of 8 percent. If the tax rate is 0.35 , What is the pretax cost of debt? Enter the answer with 4 decimals { e.g. 0.0123)