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Suppose Half-Price-Bookstore company is about to sell 100,000 preferred stocks at the price of $44 per share which pays $2 annual dividend. If the flotation

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Suppose Half-Price-Bookstore company is about to sell 100,000 preferred stocks at the price of $44 per share which pays $2 annual dividend. If the flotation cost is 6% of the stock price then, what is the cost of capital for the preferred stock? (State your answer in percentage with two decimal point) Suppose Tesla Inc. is planning to issue some $1,000 par value, 4 years, 4.8% coupon bond and will be sold at a price of $892. If the company expects to incur a flotation cost of 1% of the par value and its marginal tax rate is 24% percent then what is the annual after-tax cost of debt to the company on this issue? (Enter the answer in terms of percentage but do not inter the "\%" sign and round your answer to two decimal point) Suppose Snap Chat is issuing $600,000 worth of bond with an annual coupon rate of 8%, maturing in 5 years. If the Flotation cost is expected to be 4% of the bond price and the company is in a 20% tax bracket, what is the firm's after-tax cost of debt on the bond? (State your answer in percentage with two decimal point) Suppose Best Buy inc. is about to sell 500,000 preferred stocks at the price of $38 per share which pays $4 annual dividend. If the flotation cost is 8% of the stock price then, what is the cost of capital for the preferred stock? (State your answer in percentage with two decimal point)

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