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

a$.$ A bond that has a $$1,000$ par value $($face value$)$ and a contract or coupon interest rate of $11\mathrm{.}8$ percent. Interest payments are $$59\mathrm{.}00$ and are paid semiannually. The bonds have a current market value of $$1,124$ and will mature in $10$ years. The firm's marginal tax rate is $34$ percet.

b$.$ A new common stock issue that paid a $$1\mathrm{.}77$ dividend last year. The firm's dividends are expected to continue to grow at $6\mathrm{.}8$ percent per year, forever. The price of the firm's common stock is now $$27\mathrm{.}99.$

c$.$ A preferred stock that sells for $$145,$ pays a dividend of $8\mathrm{.}4$ percent, and has a $$100$ par value.

d$.$ A bond selling to yield $12\mathrm{.}7$ percent where the firm's tax rate is $34$ percent.

a$.$ The after$-$tax cost of debt is $\%.($Round to two decimal places.$)$