(Individual or component costs of capital) Compute 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 7 91 percent while the borrowing firm's corporate tax rate is 34 percent b. Common stock for a firm that paid a 5103 dividend last year. The dividends are expected to grow at a rate of 5.9 percent per year into the foreseeable future. The price of this stock is now 524 87 c. A bond that has a $1.000 par value and a coupon interest rate of 11 1 percent with interest paid semiannually. A new issue would sell for 51 152 per bond and mature in 20 years The firm's tax rate is 34 percent d. A preferred stock paying a dividend of 67 percent on a 5108 par value it a new issue is offered the shares would call for $84 39 per share a. The after-tax cost of debt debt for the firm is 5 22% (Round to two decimal places) b. The cost of common oquity for the firm is (Round to two decimal places)