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Could someone do both and show the process (Edit: calculator will do fine) The...

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Finance

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Could someone do both and show the process

(Edit: calculator will do fine)

The ICM Corp. expects its dividend to grow 5% per year, its stock is selling for $70 per share and the most recent dividend paid by the company was $2.40 per share. Flotation costs for new common stock are 7% and ICM's tax rate is 35%. Compute the cost of retained (internal) equity and the cost of new (external) equity.r; = 8.6% re = 8.9% What is the expected return for holders of this stock? 4. Macon Farms 6% coupon rate, $1,000 par value 12-year bonds have a yield to maturity of 8.5%. If the tax rate is 40%, what is Macon's after-tax cost of debt? 5.1%

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