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Given the following information: Percent of capital structure 10% 40 50 Preferred stock Common equity Debt Additional information: 34% Corporate tax rate Dividend, preferred Dividend,
Given the following information: Percent of capital structure 10% 40 50 Preferred stock Common equity Debt Additional information: 34% Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common S 7.00 $ 2.50 $ 104.00 8% 9% $ 9.40 $ 76.00 Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Weighted Cost Debt Preferred stock Common equity Weighted average cost of capital 0.001%
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