Given the following information:

Percent of capital structure:

Debt	35	%
Preferred stock	20
Common equity (retained earnings)	45

Additional information:

Bond coupon rate		10%
Bond yield to maturity		8%
Dividend, expected common	$	6.00
Dividend, preferred	$	13.00
Price, common	$	65.00
Price, preferred	$	138.00
Flotation cost, preferred	$	5.20
Growth rate		5%
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.)