Finance problem? Can anyone help me on this?

The following tabulation gives earings per share figures for the Foust Company durining the preceeding 10 years. The firm's common stock, 7.8 million shares outstanding, is now (1/1/03) selling for $65 per share, and the expected dividend ar the end of the current year (2003) is 55 percent of the 2002 EPS. Because investors expect past trends to continue, g may be based on teh earnings growth rate. ( note that 9 years of growth are reflected in the data).
year EPS
1993 $3.90
1994 4.21
1995 4.55
1996 4.91
1997 5.31
1998 5.73
1999 6.19
2000 6.68
2001 7.22
2002 7,80
The current interest rate on new debt is 9 percent. The firms marginal tax rate is 40 percent. It capital structure, considered to be optimal, is a follows:
Debt $104,000,000 Common equity 156,000,000
Total liabilities and equity 260,000,000

1. Calculate after-tax cost of new debt and common equity. Calculate the cost of equity as ks = D1/P0 + g.
2. What would Foust鈥檚 weighted average cost of capital be?

I know this is a lot to ask... But I just can't understand this???

By your thinking , you are either adding to your good or you are taking away from it. The law is enexorable. Failure or lack in your life is simply the result of continuosly"minus-ing" yourself. Conversely, success and prosperity are the results of constantly "plus-ing " yourself. It is wise to take inventory occasionally. Are you dealing in minuses or pluses? It is that simple. Your negative thoughts of fear and worry are depleting your good faster than inflation erodes the value of the dollar. And your positive, optimistic thoughts add to your good more dramatically than compound interest uncreases your bank savings.