(Individual or component costs of capital) Compuid the cost of capital for the firm for the following a. Currently bonds with a similar credit rating and maturity as the firm's outstanding debt are selling to yield 8.00 percent while the borrowing firm's corporate tax rate is 34 percent. b. Cammon stock for a firm that paid a $1.05 dividend last year. The dividends are expected to grow at a rate of 5.0 percent per year into the foreseeable fuature. The price of this stock is now $25.00 c. A bond that has a $1,000 par value and a coupon interest rate of 12,0 percent with interest paid semiannually A new issue would sell for $1,150 per bond and mature in 20 years. The firm's tax rate is 34 percent. d. A preferred stock paying a dividend of 7.0 percent on $100 par value. If a new issue is otlered, the shares would sall for $85.00 per share. a. The after-tax cost of debt debt for the firm is 4. (Round to two decimal places.)