1. Currently bonds with a similar credit rating and maturity as the firm's outstanding debt are selling to yield 7.19% while the borrowing firms corporate tax rate is 34%. The after tax cost of debt debt for the firm is ________% (Round to two decimal places)

2. Common stock for a firm that paid a $1.07 dividend last year. The dividends are expected to grow at a rate of 5.9% per year into the foreseeable future. The price of this stock is now $24.77. The cost of common equity for the firm is _________% (Round to two decimal places)

3. A bond that has a $1,000 par value and a coupon interest rate of 12.6% with interest paid semi annually. A new issue would sell for $1149 per bond and mature in 20 years. The firm's tax rate is 34%.  The after tax cost of debt for the firm is ________% (Round to two decimal places)

4. A preferred stock paying a dividend of 6.6% on a $100 par value. If a new issue is offered, the shares would sell for 83.14 per share. The cost of common equity for the firm is _________% (Round to two decimal places)