The preferted stock is selling at $85 per sthare and pays a dividend of $8.50 per stare. The corporate tax rate is 25 percent. The flotation cost is 2.6 percent of the selling price for preferred stock. The optimum capital structure for the firm is 35 percent debt, 5 percent preferted stock, and 60 percent common equity in the form of retained eamings. a. Compute the average historical growth rate Note: Do not round intermediate calculations. Round your onswer to the neorest whole percent ond use this value os g. Input your answer as o whole percent: b. Compute the cost of capital for the individual components in the capltat structure Note: Use the rounded whole percent computed in part a for g. Do not round any other intermediote calculations. Input your answers as o percent rounded to 2 decimal places. a. Compute the average historical growth rate Note: Do not round intermediate colculotions. Round your answer to the nearest whole percent and use this value as g. Input your answer os a whole percent, b. Compute the cost of capital for the individual components in the capital structure Note: Use the rounded whole percent computed in part a for 9 . Do not round any other intermediate calculations. Input your answers 05 a percent rounded to 2 decimal ploces. c. Calculate the weighted cost of each source of capital and the weighted average cost of capital Note: Do not round intermediate calculations, input your onswers as a percent rounded to 2 decimal places