$($Individual or component costs of capital$)$ Compute the cost of capital for the firm for the following:

a$.$ A bond that has a $$1,000$ par value $($face value$)$ and a contract or coupon interest rate of $10\mathrm{.}7$ percent. Interest

payments are $$53\mathrm{.}50$ and are paid semiannually. The bonds have a current market value of $$1,128$ and will mature in

$10$ years. The firm's marginal tax rate is $34$ percet.

b$.$ A new common stock issue that paid a $$1\mathrm{.}82$ dividend last year. The firm's dividends are expected to continue to

grow at $7\mathrm{.}1$ percent per year, forever. The price of the firm's common stock is now $$27\mathrm{.}97.$

c$.$ A preferred stock that sells for $$150,$ pays a dividend of $9\mathrm{.}6$ percent, and has a $$100$ par value.

d$.$ A bond selling to yield $11\mathrm{.}2$ percent where the firm's tax rate is $34$ percent.