round anwsers to two decimal places plz help will like if you are right.

Skye's earnings per share last year were $4,10. The common stock sells for $65.00, last year's dividend (D0) was $3.30, and a flotation cost of 9% would be required to sell new common stock. Security analysts are projecting that the common dividend will grow at an annual rote of 10%. Skye's preferred stock pays a dividend of $4.20 per share, and its preferred stock sells for $35.00 per share. The firm's before-tax cost of debt is 8%, and its marginal tax rate is 25%. The firm's currently outstanding 8% annual coupon rate, long-term debt solis at par value. The market risk premium is 5%, the risk-free rate is 6%, and Skye's beta is 1.684 . The firm's total debt, which is the sum of the company's short- d. If Skye continues to use the same market-yalue capital structure, what is the firm's WACC assuming that (1) it uses onily retained earnings for equity and (2) if it expands solrapidly that it must issue new common stock? (Hint: Use the market value capital structu excluding current liabilities to determine the weights. Also, use the simple average of the required volues obtained under the two methods in calculating WACC.) WACC 1 : WACC 2 : 3% a. Calculate the cost of each copital component, that is, the after-tax cost of debt, the cost of preferred stock, the cost of equity from retained earnings, and the cost of newly issued common stock. Use the DCF method to find the cost of common equity. Anter-tax cost of debt: Cost of preferred stock: Cost of retained earnings: % Cost of new common stock: b. Now calculate the cost of common equity from retained earnings, using the CAPM method. c. What is the cost of new common stock based on the CAPM? (Hint: Find the difference between re and rs as determined by the DCF Here is the condensed 2021 balance sheet for Skye Computer Company (in thousands of dollars): \begin{tabular}{lr} & \multicolumn{1}{c}{2021} \\ \hline Current assets & $1,750 \\ Net fixed assets & 3,250 \\ Total assets & $$5,000 \\ \hline \end{tabular} Accounts payable and accruals Short-term debt Long-term debt Preferred stock (10,000 shares) Common stock (40,000 shares) \$ 700 Retained earnings Total common equity Total liabilities and equity 1001,5003001,1751,225$2,400$5,000