(Individual or component costs of capital) Compute the costs for the following sources of financing: a. A $1,000 par value bond with a market price of $975 and a coupon interest rate of 11 percent. Flotation costs for a new issue would be approximately 5 percent. The bonds mature in 7 years and the corporate tax rate is 33 percent. b. A preferred stock selling for $118 with an annual dividend payment of $8. The flotation cost will be $9 per share. The company's marginal tax rate is 30 percent. c. Retained earnings totaling $4.8 million. The price of the common stock is $72 per share, and dividend per share was $9.62 last year. The dividend is not expected to change in the future. d. New common stock for which the most recent dividend was $3.46. The company's dividends per share should continue to increase at a growth rate of 8 percent into the indefinite future. The market price of the stock is currently $47; however, flotation costs of $8 per share are expected if the new stock is issued. a. What is the firm's after-tax cost of debt on the bond? \% (Round to two decimal places.) b. What is the cost of capital for the preferred stock? \% (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 external common equity? \% (Round to two decimal places.)