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This is the given info: Stone Meat Data Market Data Exhibit I Sales Stock In Millions Price Year Of Dollars EPS DPS Range 2002 60

This is the given info:

Stone Meat Data

Market Data
Exhibit I
Sales Stock
In Millions Price
Year Of Dollars EPS DPS Range
2002 60 0.560 0.30 6-10
2003 63 0.500 0.30 5-9
2004 68 0.710 0.35 5-10
2005 85 0.880 0.40 8-12
2006 97 0.820 0.45 9-14
2007 119 0.940 0.45 12-20
2008 130 1.110 0.45 11-18
2009 145 1.350 0.45 15-24
2010 164 1.300 0.50 17-27
2011 173 1.600 0.50 20-30
2012 180 1.750 0.60 24-32
Growth Balance Sheet:
Exhibit II
Balance Sheet As of 12/31/2012 (figures in millions)
Cash 20
Accounts Receivable 10
Inventories 30
Plant and Equipment, net 60
Total Assets 120
Accounts Payable 20
Misc Accruals 10
Preferred Stock (5%) 10
Long term Debt 24
Common Stock (2.5 million shares) 12
Capital Surplus 4
Retained Earnings 40
Total Liabilities and Equity 120
The firm's bonds carried a 6% coupon,
a 12/31/2022 maturity and were selling for
$960 as of 6/30/2012. This is my question:

1. What is the yield to maturity on the debt? (Decimal answer, to the 4th decimal place e.g., .1234)

What is the cost of preferred stock? (Decimal answer to the fourth decimal place)

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