Techn want to maintain us o Inc. is considering raising funds to modernize its existingo t to maintain their existing capital structure in raising these f with their most recent financial statements: ct from Balance Sheet, in thousands of dollars Common Stock Long term Debt Preferred shares $100,000 $350,000 90,000 Additional Information: The company currently has 8% coupon, annual payment bonds which were issued at 90 percent of par, with 20 years to maturity. A new issue of bonds would attract flotation costs of 5%. The company's common shares that have a book value of $20 per share are currently selling at $25 per share. The company stock is considered to be 1.20 ti the yield on a 3-month go is 3.5%. The market risk premium is 4.0%. . mes as risky as the average market stock and vernment bond is 40% and the yield on a 3 year government bond es are 5.5%, $100 par preferred shares selling at $92 per share. . The company preferred shar Required: a) Calculate Techno' cost of debt. The company's tax rate is 30%. b) Calculate Techno' cost of equity. hno weighted Aveora ecurit aket Line approach in calcuan d) Market ating duntages to using the