Crypton Electronics has a capitalstructure consisting of 41% common stock and 59

Crypton Electronics has a capitalstructure consisting of 41% common stock and 59% debt. A debt issueof $1000 par value 5.6% bonds that mature in 15 years and payannual interest will sell for $973. Common stock of the firm iscurrently selling for $30.37 per share and the firm expects to paya $2.28 dividend next year. Dividends have grown at the rate of4.9% per year and are expected to continue to do so for theforeseeable future. What is crytptons cost of capital where thefirms tax rate is 30%?