Given the following information. Percent of capital structure: Debt 35% Preferred stock 10 Common equity 55 Additional information: 13% Bond coupon rate Bond yield 11% $3.00 Dividend, expected common Dividend, preferred Price, common $10.00 $50.00 Price, preferred $98.00 $5.50 Flotation cost, preferred Corporate growth rate Corporate tax rate 8% 30% Calculate the weighted average cost of capital for Genex Corporation. Line up the calculations in the order shown in Table 11-1. (Round intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) Weighted Cost Debt (Kd) Preferred stock (Kp) Common equity (Ke) Weighted average cost of capital (ka) Table 11-1 Cost of capital-Baker Corporation Debt Kd Preferred stock Kp Common equity (retained earnings) Weighted average cost of capital Ke Ka Cost (after tax) Weights Weighted Cost 6.55% 30% 1.97% 10.94 10 1.09 12.00 60 7.20 10.26%