(Individual or component costs of capital Compute the cost of the following a. A bond that has $1,000 par value (face value) and a contract or coupon interest rate of 9 percent. A new issue would have a floatation cost of 8 percent of the $1,110 market value The bonds mature in 6 years. The firm's average tax rate is 30 percent and its marginal tax rate is 22 percent b. A new common stock issue that paid a $1.30 dividend last year. The par value of the stock is $15, and eamings per share have grown at a rate of 9 percent per year. This growth rate is expected to continue into the foreseeable future. The company maintains a constant dividend-earnings ratio of 30 percent . The price of this stock is now $31, but 8 percent flotation costs are anticipated c. Internal common equity when the current market price of the common stock is $48. The expected dividend this coming year should be $3.50, increasing thereafter at an annual growth rate of 7 percent. The corporation's tax rate is 22 percent d. A preferred stock paying a dividend of 12 percent on a $140 par value if a new issue is offered, flotation costs will be 13 percent of the current price of $177 e. A bond selling to yield 9 percent after flotation costs, but before adjusting for the marginal corporate tax rate of 22 a. What is the firm's after-tax cost of debt on the bond? 0% (Round to two decimal places) b. What is the cost of external common equity? 0% (Round to two decimal places) c. What is the cost of internal common equity? % (Round to two decimal places) d. What is the cost of capital for the proferred stock? % (Round to two decimal places) Enter your answer in each of the answer boxes