Calculate the weighted average cost of capital for Rally Inc, given the following information. (Round intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) Percent of capital structure: Debt 60% Preferred stock 10 Common equity 30 Additional information: Bond coupon rate 6.5% Bond yield 7.0% Bond flotation cost 2% Dividend, expected common $2.00 Price, common $28.00 Dividend YIELD. preferred 6% Flotation cost, preferred ho 3% Flotation cost, common 4.50% Corporate growth rate 7% Corporate tax rate 35% a. Calculate the cost of capital assuming use of internally generated funds. b. Calculate the cost of capital assuming use of externally generated funds