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You are given the following information concerning Parrothead Enterprises: Debt 9 , 4 0 0 7 . 2 percent coupon bonds outstanding, with 2 4

You are given the following information concerning Parrothead Enterprises:
Debt 9,4007.2 percent coupon bonds outstanding, with 24 years to maturity and a quoted price of 108.25. These bonds have a par value of $2,000 and pax interest semiannually.
325,000 shares of common stock selling for $66.50 per share. The stock has a beta of 1.10 and will pay a dividend of $4.70 next year. The dividend is expected to grow by 5.5 percent per year indefinitely.
Preferred stock: 10,000 shares of 4.75 percent preferred stock selling at $96.00 per share.
Market: 10.5 percent expected return, a risk-free rate of 4.60 percent, and a 25 percent tax rate.
What is the firm's cost of each form of financing?
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.
\table[[Aftertax cost of debt,,
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