You are given the following information for Twitter, Inc (TWTR). Assume the company's tax rate is 35%. Debt: 35,000 bonds outstanding with 8.5% coupon rate, $1,000 par value, 20 years to maturity, selling for 110 percent of par; the bonds make semiannual payments. Common stock: 750,000 shares outstanding Preferred stock: 1,300,000 shares of 5% preferred stock, currently selling for $25 per share. Market: Market return is 7% 1. Determine the stock price and beta for the common stock from the yahoo finance. Is the stock riskier than the market? (5 points) 3. Determine the cost of equity using the CAPM (5 points) 4. Determine the after-tax cost of debt (5 points) 5. Determine the cost of preferred stock (5 points) 6. Determine the cost of capital using WACC (5 points)