ure https://webcourses.ucf.edu/courses/1314582/assignments/6155041 7. In one year, a firm will pay a common stock dividend of $3.35. The dividends have been growing at 6% per year. Based on analysts' forecasts, you predict that you will be able to sell your stock for $48 per share after one year. If you require a rate of return of 12 percent on your stock, how much would you be willing to pay now for a share of the stock? a) $51.37)$42.11 e)$58.54 b) $45.85 d)$48.00 8. Suppose your firm just issued a 20-year, $1000 par value bond with semiannual coupons. The coupon interest rate is 6%. The bonds sold for par value, but flotation costs amo ted to 6% of the price. You have a 21% corporate tax rate. What is your firm's cost of debt? a)55% c)6.36% e)4.74% b)6,00% d)5.17% Warephase Corporation has preferred stock outstanding. The stock has a 14% dividend rate. The stock's market price is $80 per share, and its par value is $75. If new shares are issued, the firm will pay $2 per share in flotation costs. The corporate tax rate is 21%. What is the company's cost of preferred stock financing? a)11.54% c)9.12% e)13.46% b)12.5% d) 9.74% MacBook Air FS 1 F7 F8 F9 .3