Problem 1: Consider issuing preferred shares with an annual dividend of $12.00 per preferred share. These shares will sell for $ 100 each. The cost of issuance (flotation cost) is $ 8 per share. Calculate the cost of preferred capital. You must show the calculations to receive a score for your answer Problem 2: The Dupt corporation plans to do a common stock issue to fund its next equity investment project. The market price of the corporation's stock is $ 75 per share. A dividend of $5 per share is expected to be paid at the end of the year. The corporation has had an average annual growth of 6%. The issue cost is $ 2.50 per share. Determine the cost of equity capital using Gordon's constant growth method (Gordon Growth Model). You must show the computations to receive credit for your