Given the following information, calculate the weighted average cost of capital for Puppet Corporation. (Round intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) 25% 70 5 Percent of capital structure: Debt Preferred stock Common equity Additional information: Bond coupon rate Bond yield Bond flotation cost Dividend, expected common Price, common Dividend, preferred Flotation cost, preferred Flotation cost, common Corporate growth rate 8.5% 8.75% 2% $1.50 $30.00 7% 3% 4.00% 6% Activate Window corporate tax rate 35% a. Calculate the cost of capital assuming use of internally generated funds. Internal capital cost 11% b. Calculate the cost of capital assuming use of externally generated funds. External capital cost 11.77% c. Not suitable for Connect