Check my work Percent of capital structure: Preferred stock Common equity (retained earnings) Debt 30% 50 20 10 points Additional information: eBook Hint Print 40% $ 8.00 $ 3.50 $103.00 References Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common 8% 9% $ 7.20 $ 78.00 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 (retained earnings) Weighted average cost of capital