The ABC Corporation has the following capital structure: Assets 22.20 Billion Debt 7.45Billion Preferred 4.25Billion Common 10.50 Billion The ABC Corp. is in the 39% tax bracket and the interest on debt is 8.98 percent annually. Their preferred stock is currently selling at $351.00 and pays out dividends of $19.33 per share. The Common Stock is selling for $157.25 per share paying dividends of $.64 per share with an annual growth rate of 5 percent. (Take all answers out to the second decimal place) a. What is the after - tax cost of debt? % (4 pts) b. What is the cost of preferred stock? % (4 pts) c. What is the cost of the common stock? % (4 pts) d. What is the firms WACC? % (4 pts) e. Which of the three capital structures has the highest cost? (4 pts)