GHI Company's current share price is $22.1 and it is expected to pay a $0.65 dividend per share next year. After that, the firm's dividends are expected to grow at a rate of 2.2% per year.

a) What is an estimate of GHI Company's cost of equity? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES.

b) GHI Company also has preferred stock outstanding that pays a $2.2 per share fixed dividend. If this stock is currently priced at $30.7 per share, what is GHI Company's cost of preferred stock?Enter your answer as a percentage and rounded to 2 DECIMAL PLACES.

c) GHI Company has existing debt issued three years ago with a coupon rate of 6%. The firm just issued new debt at par with a coupon rate of 5.9%. What is GHI Company's pre-tax cost of debt?Enter your answer as a percentage.

d) GHI Company has 4 million common shares outstanding and 1 million preferred shares outstanding, and its equity has a total book value of $80 million. Its debt has a market value of $40 million. If GHI Company's common and preferred shares are priced at $22.1 and$30.7, respectively, what is the market value of GHI Company's assets?Enter your answer in millions of dollars.

e) GHI Company faces a 20% tax rate. Using the correct answers from the previous parts, what is the company's WACC? Enter your answer as a percentage and rounded to 2 DECIMAL PLACES.