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(Welghted average cost of capital) Crypton Electronics has a capital structure consisting of 35 percent common stock and 65 percent debt. A debt issue of

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(Welghted average cost of capital) Crypton Electronics has a capital structure consisting of 35 percent common stock and 65 percent debt. A debt issue of $1,000 par value, 5.6 percent bonds that mature in 15 years and pay annual interest will sel for $973. Common stock of the firm is currently selling for $30.25 per share and the firm. expects to pay a $2.18 dividend next year. Dividends have grown at the rale of 4.8 percent per year and are expected to continue to do so for the foreseeable future. What is Cryptoris cost of capital where the firm's tax rate is 30 percent? a. The ather-tax cost of debt is h. (Round to two decimal places.) b. The cost of common equity is y. (Round to two decimal places.) c. Crypton's cost of captal is Y. (Round to three decimal places.)

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