Given the following information:

Percent of capital structure:

Debt	25	%
Preferred stock	15
Common equity	60

Additional information:

Bond coupon rate		9%
Bond yield to maturity		7%
Dividend, expected common	$	3.00
Dividend, preferred	$	10.00
Price, common	$	50.00
Price, preferred	$	116.00
Flotation cost, preferred	$	8.50
Growth rate		6%
Corporate tax rate		30%

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.)