Use the following data for the next 5 questions: Debt 50,000 bonds with 5 % coupon rate, payable annually, 15 years to maturity, selling at $1050 per bond Common Stock 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 Preferred Stock 150,000 preferred shares outstanding currently trading at $90 per share; with an annual dividend payment of $6.50 Market The market risk premium, is 7% and the risk free rate is 2.5% 35% Tax Rate 46) The before tax cost of debt is 6.50% a) b) 6.85% c) 453 % d) 591% 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: a) 6.05% b) 706% c) 7.50% d) 8.40% e) 7.22% 49) The company's cost of common stock is a) 8.50 % b) 9.42%. 12.18% c) d) 10.20% e) 16.50 %