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Your company's target capital structure is 35% debt, 15% preferred stocks and 50% common stock The yield to maturity on this compatiy's d 8.15%. The

Your company's target capital structure is 35% debt, 15% preferred stocks and 50\% common stock The yield to maturity on this compatiy's d 8.15%. The preferred stock is currently telling for $74.50 and pays quarterly dividend of $1 25. The most recent dividend paid by common stock was \$1.05 , and the dividends are expected to grow at constant rate of 45% forever The common stock sells for $23.50. Th rate of this company is 35%The company will incur floatation costs on new preferred stock issues and 15% floatation costs on new com stock issues is the WACC assumitig this company will issue new preferred stocks and new common stocks? (Use 3 decimal points in yo calculations)

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