Walmart is considering issuing bonds. They estimate they will issue bonds similar to a recent bond issue. This bond has a quoted price of 99.8 ; this is the % of $1000. If an underwriter charges 1.5% in flotation charges, what is the Net Proceeds of the bond in $?

Windy Corp is estimating the cost of common stock using the constant dividend growth model if it issues new common stock. Windy's current stock price is 30 and its estimated dividend in time 0 is 1.05. Windy estimates that the underwriter will charge 1% of the common stock price for issuing shares. Windy estimates a growth rate of 9.4%.What is the estimated cost of NEW common stock for Windy? (Express answer in 4 decimal places: 9.65% should be .0965)