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using the info, what is the firms cost of common stock? Target % in Capital Structure Debt 35% Preferred Stock 10% Equity 55% Tax Rate

using the info, what is the firms cost of common stock? image text in transcribed
Target % in Capital Structure Debt 35% Preferred Stock 10% Equity 55% Tax Rate 28% Outstanding Bond Preferred Stock Info Common Stock Info (Annual Coupons) Preferred Divided $3 Current Dividend $4 Time to Maturity 15 (years) Current Market Price $60 Current Price $50 Coupon Rate APR 5.00% Expected Growth in Dividends 2.1% Face Value $1,000 Current Market Price $1,240 MacBook Air

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