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.) Percent of capital structure: Debt Preferred stock Common equity Additional information: 25% 70 5 Bond coupon rate 8.5% Bond yield 8.50% Bond flotation cost 2% Dividend, expected common $1.50 Price, common $30.00 Flotation cost, preferred Dividend, preferred Flotation cost, common Corporate growth rate Corporate tax rate. a. Calculate the cost of capital assuming use of internally generated funds. 5% 3% 4.00% 6% 35% Internal capital cost % b. Calculate the cost of capital assuming use of externally generated funds. External capital cost 96 c. This part of the question is not part of your Connect assignment.