(Individual or component cost of capital) compute the cost for the firm for the following:

a. A bond that has a $1000 par value ( face value) and a contract or coupon interest rate of 11.9 percent. Interest payments are $59.50 and are paid semiannually. The bonds have a current market value of $1,127 and will mature in 10 years. The firm's marginal tax rate is 34 percent.

b. A new common stock issue that paid a $1.77 dividend last year. The firm's dividends are expected to continue to at 7.6 percent per year, forever. The price of the firm's common stock is now $27.82.

C. A preferred stock that sells for $126, pays a dividend of 9.2 percent, and has a $100 par value.

d. A bond selling to yield 11.8 percent where the firm's tax rate is 34 percent

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a. The after-tax cost of debt is _____ % ( round to two decimal places). ?