Question: Use the following information about Singer Corp. for problems 7-11. Common stock: 15,000 shares outstanding, $105 per share. Singer will pay a dividend of $2

Use the following information about Singer Corp. for problems 7-11.

Common stock: 15,000 shares outstanding, $105 per share. Singer will pay a dividend of $2 next year and this dividend is expected to grow at 4% per year.

Bonds: 5,000 bonds outstanding, with a 3% coupon paid semiannually, 13 years to maturity, and a bond quote of 105.

Preferred Stock: 1,000 shares outstanding with annual dividends of $3.50, currently selling at $125.

Singer Corp.'s marginal tax rate is 25%.

What is Singer Corp.'s Weight of Equity?

What is Singer Corp.'s After Tax Cost of Debt?

What is Singer Corp.'s Cost of Preferred Stock?

What is Singer Corp.'s Cost of Equity?

What is Singer Corp.'s WACC?

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