(Individual or component costs of capital) Compute the cost of capital for the fem for the following: a. Currently bonds with a similar credit rating and maturity as the firm's outstanding debt are selling to yield 8.34 percent while the berrowing fime's corporate tax rate is 34 percent. b. Common stock for a firm that paid a 51.03 dividend last year. The dividends are expectod to graw at a rase of 4.8 percent per year into the foreseeable future. The price of this siock is now $24.07 c. A bond that has a $1,000 par value and a coupon interest rate of 11.9 percent with interest paid somiannualy. A new issue would sell for $1.155 per bond and maturn in 20 yeas . The fiaris tax rate is 34 percent. d. A preterted stock paying a dividend of 6.3 percent on a $104 par value. If a new issue is offered, the shares would sel for $95.12 per share a. The after-tax cost of debt debt for the firm is 5.50%. (Round to two decimal places.) b. The cost of common equity for the firm is 9.29%. (Round to two decimal places.) c. The after-tax cost of debt for the firm is 14. (Round to two docimal places.)