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Given the following information: Percent of capital structure: Debt 30 % Preferred stock 15 Common equity 55 Additional information: Bond coupon rate 14% Bond yield

Given the following information:

Percent of capital structure:

Debt 30 %
Preferred stock 15
Common equity 55

Additional information:

Bond coupon rate 14%
Bond yield to maturity 12%
Dividend, expected common $ 10.00
Dividend, preferred $ 17.00
Price, common $ 85.00
Price, preferred $ 146.00
Flotation cost, preferred $ 5.20
Growth rate 10%
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.)

Weighted Cost
Debt %
Preferred stock
Common equity
Weighted average cost of capital 0.00 %

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