Use the following data for the next 5 questions: Debt Common Stock Preferred Stock 50,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. 1,000,000 shares of common stock outstanding. The stock sells for a price of $65 per share and has a beta of 1.1 150,000 preferred shares outstanding, currently trading at $90 per share; with an annual dividend payment of $6.50 The market risk premium is 7% and the risk free rate is 2.5% 35% Market Tax Rate 13) The company's cost of common stock is: a) 8.50% b) 9.42% c) 12.18% d) 10.20% e) 11.50% 14) The company's cost of preferred stock is: a) 6.05% b) 7.06% c) 7.50% d) 8.40% e) 7.22% 15) The before tax cost of debt is: a) 6.50% b) 6.85% c) 4.53% d) 5.91% e) 3.04% 16) The after tax cost of debt is: a) 2.94% b) 4.79% c) 2.08% d) 3.50% c) 3.79% 17) Still referring to the above chart, the company's weighted average cost of capital (WACC) is: a) 6.98% b) 7.59% c) 9.66% d) 12.04% e) 10.66%