Given the following information:

Percent of capital structure:

Debt	15	%
Preferred stock	10
Common equity (retained earnings)	75

Additional information:

Bond coupon rate		5%
Bond yield to maturity		4%
Dividend, expected common	$	2.00
Dividend, preferred	$	9.00
Price, common	$	45.00
Price, preferred	$	130.00
Flotation cost, preferred	$	2.20
Growth rate		7%
Corporate tax rate		35%

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.)

	Weighted Cost
Debt	%
preferred stock
Common Equity (retained earnings)
Weighted average cost of capital	%