You are given the following information regarding the capital structure of Micro Advantage, Inc Required a Micro Advantage, Inc, issued a $5,000,000, 20-year bond a year ago at 98 with a stated rate of 9% Today, the bond is selling at 1 10 If the firm's tax bracket is 30%, what is the current after-tax cost of this debt? (Round your answer to 2 decimal places. (i.e. .1234-12.34%)) after-tax cost of this debt b. Micro Advantage, Inc., has $5,000,000 preferred stock outstanding that it sold for $24 per share The preferred stock has a per share par value of $25 and pays a $3 dividend per year. The current market pnce is $30 per share. The firm's tax bracket is 30% what the after tax cost of the preferred stock? In addit on to the bords and preferred stocks de scrit d in (a) and b above Micro Advantage has outstanding 50,000 shares of common stock that has a par value of $10 per share and a current market price of $170 per share. The expected after-tax market return on the firm's common equity is 20% What s Micro Advantages weighted aver ge cost of capital (WACC ? (Round "After-tax Rate C "Weights" to 3 decimal places, and "Current Market values" to the nearest whole number.) to 2 decimal places (i.e. .1234. 12.34%), Book Value cost of C Weights Preferred Slock Common Stock Total O Type here to search