12. Problem 11-23 Weighted average cost of capital (LO11-1] Given the following information: Percent of capital structure: Preferred stock Common equity 15% 55 30 Debt Additional information: 35% 10.00 $ Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common 5.50 106.00 8% 10% 6.50 89.00 $ Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Weighted Cost Debt % Preferred stock Common equity Weighted average cost of capital 0.00 %