Given the following information. 20% 35 45 Percent of capital structure: Debt Preferred stock Common equity Additional information: Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Corporate growth rate Bond yield Flotation cost, preferred Price, common 30% $8.00 $3.50 $110.00 6% 6% $4.50 $90.00 Calculate the weighted average cost of capital for Hadley Corporation. Line up the calculations in the order shown in Table 111. (Round intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) Debt (X Preferred stock (X) Common equity (W) Weighted Cost 4.20 % 7.58 9.89 Weighted average cost of capital (1) 7.94 %