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just need required 2 and 3 Below is information regarding the capital structure of Micro Advantage Incorporated. On the basis of this information you are

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Below is information regarding the capital structure of Micro Advantage Incorporated. On the basis of this information you are asked to respond to the following three questions. Required: 1. Micro Advantage issued a $5,300,000 par value, 20-year bond a year ago at 98 (i.e, 98% of par value) with a stated rate of 8% Today, the bond is selling at 105 (i.e, 105% of par value). If the firm's tax bracket is 30%, what is the current after-tax cost of this debt? 2. Micro Advantage has $5,180,000 preferred stock outstanding that it sold for $22 per share. The preferred stock has a per share par after-tax cost of the preferred stock? stock outstanding that has a par value of $10 per dhare in requirements 1 and 2. Micro Advantage has 80,000 shares of common return on the firm's common equity is 20\%. What is Micre and a current market price of $170 per share. The expected after-tax market Complete this question by entering your answers in the tabs below. Micro Advantage has $5,180,000 preferred stock outstanding that it sold for $22 per share. The preferred stock has a per share par value of $25 and pays a $3 dividend per year. The current market price is $30 per share. The firm's tax bracket is 30\%. What is the after-tax cost of the preferred stock? iRnund your answer to 2 decimal places. ( (.e. .1234=12.34%) ). Required: 1. Micro Advantage issued. a $5,300,000 par value, 20 -year bond a year ago at 98 , (ce.. 98% of par value) with a stated rate of 8%. Today, the bond is selling at 105 (L.e. 105% of par value). If the fim's tax bracket is 30%5, what is the current after-tax cost of this debt? 2. Micro Advantage has $5,180,000 preferred stock outstanding that it sold for $22 per share. The preferred stock has a per share par value of $25 and pays a $3 dividend per year. The current market price is $30 per sthare. The firm's tax bracket is 30%. What is the after-tax cost of the preferred stock? 3. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 80,000 shares of common stock outstanding that has a par value of $10 per share and a current market price of $170 per share. The expected after-tax market return on the firm's common equity is 20\%. What is Micro Advantage's weighted-average cost of capital (WacC)? Complete this question by entering your answers in the tabs below. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 80,000 shares of common stock outstanding that has value of $10 per share and a carrent market price of $170 per share. The expected after tax market return on the firm's common equity is 20%. What is Mi Advantage's weighted-average cost of capital (WACC)? (Round "Interest or Dlvidend Rate". "After-tax Rate or Expected Return" and "Cost of Copital Coenpe to. 2 decimal places (1 e., 1234=12.34%6). "Weights" to 3 decimal places, and other answers to the nearest whole dollar amount.)

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