of Debt stion E 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to...

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of Debt stion E 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock Preferred Stock 554,000 shares of common stock outstanding. The stock sells for a price of $76 per share and has a beta of 1.20. 215,000 preferred shares outstanding, currently trading at $70.00 per share; with an annual dividend payment of $5.20, Market The market risk premium is 13% and the risk free rate is 4% Tax Rate 26% What is the cost of common stock (RE)? (Answer as a percentage and round to 2 decimals) O a. 19.60 % O b. 23.35 % O c. 21.45 % O d. 17.01 % Oe. 16.24 % Time left of Debt stion E 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock Preferred Stock 554,000 shares of common stock outstanding. The stock sells for a price of $76 per share and has a beta of 1.20. 215,000 preferred shares outstanding, currently trading at $70.00 per share; with an annual dividend payment of $5.20, Market The market risk premium is 13% and the risk free rate is 4% Tax Rate 26% What is the cost of common stock (RE)? (Answer as a percentage and round to 2 decimals) O a. 19.60 % O b. 23.35 % O c. 21.45 % O d. 17.01 % Oe. 16.24 % Time left