The treasurer of Sutton Security Systems is asked to compute the cost of axed Income securities for her corporation. Even before making the calculations, the assumes the oferta cont of een percent less than that for preferred stock Debt can be issued at a yield of 10.4 percent, and the carport taxi 25 percent. Preferred shares will be priced at $61 and pay a dividend of 5520. The fototion cont on the preferred stock $ (Do not round intermediate calculations. Round the final answers to 2 decimal places.) .. Compute the offertex cost of debt. Aftertax cost of debt LO b. Compute the aftertax cost of preferred stock Aftertax cost of preferred stock c. Based on the facts given above is the corect? No Yes EZ