New Corporation has 20,000 10-year, 6% annual coupon bonds outstanding. If the bonds currently sell for 105% of par and the firm pays an average tax rate of 32%, what will be the after-tax component cost of debt? 2.78% O 3.34% O 3.63% O 5.34% What is your expected return next year for a stock priced at $40 today if the stock is expected to pay a dividend of $2. and the stock price is expected to grow 5%. O 10% O 12% O 15% O 18%