Question: Answer the question correctly and accurately ***PUT THE ANSWER IN 3 DECIMALS*** The BEAR Company has 2300 bonds outstanding that have a market price of

Answer the question correctly and accurately ***PUT THE ANSWER IN 3 DECIMALS*** The BEAR Company has 2300 bonds outstanding that have a market price of $1100 each and a face value of $1000. floatation cost is 0.02 the bond pays coupon of 0.055 quarterly for 22 years. The company also has 6,000 shares of preferred stock at a market price of $32 and dividends 1.3 each par value 20 dollars. The common stock is priced at $29 a share it is undervalued by $1.5 and there are 40000 shares outstanding, par value is 5 dollars the stock is pays $1.1 and will continue to grow at a rate of 0.05. TAXES ARE 0.3 what is the cost of debt after tax? what is the cost of PS what is the cost of common stock? what is the weight of the bond according to book value method
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