Given the following information:

Percent of capital structure:

Debt	10	%
Preferred stock	5
Common equity	85

Additional information:

Bond coupon rate		7%
Bond yield to maturity		5%
Dividend, expected common	$	3.00
Dividend, preferred	$	10.00
Price, common	$	50.00
Price, preferred	$	132.00
Flotation cost, preferred	$	4.20
Growth rate		8%
Corporate tax rate		40%

Calculate the Hamilton Corp.'s weighted cost of each source of capital and the weighted average cost of capital. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)