use the following data for the next 5 questions: 50,000 bonds with 5% coupon rate, payable rs to maturity, selling at annually, 15 yea $1050 per bond. Common Stock 1000,000 shares of common stock outstanding. The stock sells for a of $65 price per share and has a beta of 1.1 Preferred Stock 150,000 preferred shares outstanding, an currently trading at $90 per share; with annual dividend payment of $6.50 Market The market risk premium is 7% and the risk free rate is 2.5% Tax Rate 46) The before tax cost of debt is: a) 6.50 b) 6.85% c) 4.53% d) 5.91% e) 4.04 47) The after tax cost of debt is: a) 2.94 b) 4.79 c) 2.08 d) 3.50 e) 3.79 48) The company's cost of preferred stock is: b) 7.06% c) 7.50 d) 8.40 e) 7.22 49) The company's cost of common stock is: a) 8.509% b) 9.42 c) 12.18% d) 10.20 e) 16.50%