Please answer all questions, confused on this assignment

Advanced Spinoff, Inc. issued 20-year bond last year at par with a coupon rate of 9 percent, paid annually. Today, the debt is selling at $1,050. If the firm's tax rate is 35 percent, what is the after-tax cost of debt? J. Ross and Sons, Inc. have a capital structure that calls for 40 percent debt, 10 percent preferred stock, and balance common stock. The firm's current after-tax cost of debt is 6 percent, and it can sell as much debt as it wishes at this rate. The firm's preferred stock currently sells for $90 a share and pays a dividend of $10 per share. The firm recently paid a dividend of $2 per share of common stock, and the investors expect the dividend to grow indefinitely at a constant rate of 10 percent per year. The common stock of Ross is currently selling at $40. a) What is the firm's cost of preferred stock, and common stock? b) What is the weighted average cost of capital of the firm