Given the following information on the Hamilton Corp., Percent of capital structure:

Debt - 40%

Preferred stock - 20%

Common equity - 40%

Additional information:

Bond coupon rate - 12%

The bond yield to maturity - 10%

The expected dividend, common - $6.00

Dividend preferred - $13.00

Price, common - $65.00

Price preferred - $108.00

Flotation cost preferred - $3.50

Growth rate - 5%

Corporate tax rate = 40%

Required

Calculate Hamilton Corp.'s weighted cost of each source of capital and the weighted average cost of capital. (Round your intermediate calculations and final answers to 2 decimal places. Also, remember to multiply by various capital costs by the "percent of capital structure" weights.)

Weighted cost Debt (Kd)% Preferred stock (Kp) Common equity (Ke) Weighted average cost of capital (Ka)%