I need help with question 4. Please and thank you.

1. Pure Michigan issued bonds with the following features: - Maturity: 10 years - Coupon rate 5.0% per annum but paid semi-annually. - Par Value: $1,000 - Each bond was sold today for $925.61 but had to pay 2.0% flotation expenses. - A total of 3,241 bonds are outstanding. What is the BEFORE-TAX Cost of DEBT? [Make sure to annualize the rate] Use Financial Calculator. 2. Pure Michigan also issued the following Preferred Stock: - Coupon rate 3.0% per annum and paid annually. - Par Value: $100 - Each preferred was sold at $76.50 but had to pay 2.00% flotation expenses. - A total of 13,072 Preferred Stocks are outstanding. What is the Cost of Preferred Stock? 3. Pure Michigan also issued Common Stocks. - Common Stocks were sold at $57.61 per share but had to pay 8.0% in flotation expenses. - A total of 104,149 shares are outstanding. - Dividend just paid =$3.53 - Dividend Payout ratio =40.0% - ROE: 8.33% What is the cost of equity? Proceeds =P0(1f) "g"=ROE(1Payout)D1=D0(1+g)Rs=(D1P0(1f))+g 4. What is Pure Michigan's Cost of Capital (WACC)? Their marginal tax rate =30.0%