Required: 1. Micro Advantage issued a $5,900,000 par value, 20 -year bond a year ogo at 98 (i.e, 98% of par value) with a stated rate of 6%. Today, the bond is selling at 105 (ie, 105% of par value) It the firm's tax bracket is 30%, What is the current aftertax cost of this debt? 2. Micro Advantage has $5,540,000 preferred stock outstanding that it sold for $22 per share. The preferred stock has a per share par value of $25 and poys 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? 3. In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantoge has 66,000 shares of common stock outstanding that has a par value of $10 per share and a curtent market price of $170 per share. The expected atter-tax market retum 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 66,000 shares of common stock outstar 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 Advantage's weighted-average cost of capital (WACC)? (Round "Interest or Dividend Rate", "After-tax Plate or Expected Return' and "Cost of Advantage's weighted-average cost of copital (WACC)? (Round "Interest or Dividend ate places (i.e. 1234=12.3406 ), "Weights" to 3 decimal places, and other anowers to the nearest whole doliar amount.) In addition to the bonds and preferred stock described in requirements 1 and 2, Micro Advantage has 66,000 shares of common stock outstan 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 Advantage's weighted-average cost of capital (WACC)? (Round "Interest or Dividend Rate", "After-tax Rate or Expected Return" and "Cost of B to 2 decimal places (i.e. 1234=12,34%), "Weights" to 3 decimal places, and other answers to the nearest whole dolfar amount-)