IVMF group wants to estimate the cost of apital. The company's stock price is $45 per share today. The company recently paid a dividend of $3.2 per share. The company has a beta of 0.9 and a dividend growth rate of 7%. The company dividend for preferred stock 9.8% and the price for the preferred stock is $989 The pai alue is set at $1,000 The company's long-term bonds currently offer a yield to maturity of 7.8%. The company has $90M in long-term debt and $270M in preferred stock from the pool of $900M sset. 10-year T-note rate is 3.5% and Market Premium is 11.5%. The tax rate is 40% 8.5396 O 11.98% 12.29% 10.56% 12.14%