Compute the cost for the following sources of? financing:

a. A $1,000 par value bond with a market price of $965 and a coupon interest rate of 11 percent. Flotation costs for a new issue would be approximately 5 percent. The bonds mature in 13 years and the corporate tax rate is 37 percent.

b. A preferred stock selling for $115 with an annual dividend payment of $8. The flotation cost will be $5 per share. The? company's marginal tax rate is 30 percent.

c. Retained earnings totaling $4.8 million. The price of the common stock is $72 per? share, and dividend per share was $9.46 last year. The dividend is not expected to change in the future.

d. New common stock when the most recent dividend was $2.72. The? company's dividends per share should continue to increase at a growth rate of 9 percent into the indefinite future. The market price of the stock is currently $57?; ?however, flotation costs of $6 per share are expected if the new stock is issued.