The 9 percent preferred stock of Home Town Brewers is selling for $78 a share. What is the firm's cost of preferred stock if the tax rate is 34 percent and the par value per share is $100?

Cost of preferred = %

Electronic Products has 42,000 bonds outstanding that are currently quoted at 103. The bonds mature in 4 years and carry a 5.5 percent annual coupon. What is the firm's aftertax cost of debt if the applicable tax rate is 22 percent?

Aftertax cost of debt = %

Titans, Inc. has 5.5 percent bonds outstanding that mature in 18 years. The bonds pay interest semiannually and have a face value of $1,000. Currently, the bonds are selling for $1,035 each. What is the firm's pretax cost of debt?

Pretax cost of debt = %