WACC

common stock is currently listed at $75 per share; new preferred stock sells for $80 per share and pays a dividend of $5.00. Last year, the company paid dividends of $2.00 per share for common stock, which is expected to grow at a constant rate of 10%.The local bank is willing to finance the project at 10.5% annual interest. The company's marginal tax rate is 35%, and the optimum target capital structure is:

Common equity50

Preferred20

Debt30%

I need the after tax cost of debt and the common equity