Use the following data for the next 5 questions: Debt 54,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond Common Stock 650,000 shares of common stock outstanding. The stock sells for a prion of $58 per share and has a beta of 1.94 Preferred Stock 285,000 preferred shares outstanding, currently trading at $69.96 per share, with an annual dividend payment of 58.19 Market The market risk premium is 17% and the risk tree rate is 5% 27% What is the cost of common stock Ret Anwer as a percentage and round to 2 decimals Select one 3798% 1999 d18 000 MacBook Air 888 11 $ 2 3 % 5 6 & 7 8 9 0 W E R T Y U 0 P S D F G H J