T$$Challa$$s Safari Expedition Outfitters has debt outstanding with a yield to maturity of $9\mathrm{.}5\%.$ It

also has common stock outstanding that has a price of $$47$ today and an anticipated dividend at

the end of the year of $$3.$ It has paid, and is expected to pay the following schedule of dividends

in the future:

D$0$ $ $2\mathrm{.}73$

D$1$ $ $3\mathrm{.}00$

D$2$ $ $3\mathrm{.}30$

D$3$ $ $3\mathrm{.}63$

Calculate what the growth rate is for dividends for this company $($round to the nearest whole

number$).$ It also has preferred shares of stock with a price of $$75$ and a dividend of $$4,$ with

floatation costs of $$1\mathrm{.}5.$ If the firm$$s tax rate is $35\%,$ calculate the weighted average cost of

capital for T$$Challa$$s if it maintains a capital structure that is $35\%$ debt, $5\%$ preferred stock and

$60\%$ common equity.