Answer questions 19, 20, and 21 based upon the following information: The common stock of Texas Mining Company is trading at $20 a share Next year's dividend is expected to be super share growing 3% a you. The company's preferred veck is trading at $50 a share with an annual dividend of SS. The company's bonds are trading at 5873 each. The Coupon is al 7% paid nully. The bonds mature in 20 years 019. The cost of equity capital is closest to 10% 15% b. (3120) +0.03 : 020 The cost of peeferred capital is closest to 106 15% b 5/50 d 20% 21. The pre-tax cost of debt capital is closest to c. 9,0396 09 1000 x 77.270 70 + {(1000-873)/20)]/[(1000 +873)/2 (70-6.35 )/936.5=