FM Company has two divisions: Textile Total Capital Requirement $432161 and Pharmaceutical Total Capital Requirement $43216.Each division employs debt equal to $16,000 and preferred stock equal to $14,000 of its total requirements, with equity capital used for the remainder. The current borrowing rate is 10.25%, and the tax rate is 32.5%. Preferred stock can be sold yielding 11.50%. The current price of Textile stock is $122.33. Textile stock just paid $2.34 dividend and it is expected to increase at a rate of 13.25% forever. On the other hand, the current price of pharmaceutical stock is $79.88. Pharmaceutical stock currently paying dividend of $2.75 and expected to pay $3.15 next year. This growth will continue forever what weighted average cost of capital would you recommend for these two divisions?