Given the following information:

Percent of capital structure:

Debt	40	%
Preferred stock	20
Common equity (retained earnings)	40

Additional information:

Bond coupon rate		8%
Bond yield to maturity		6%
Dividend, expected common	$	4.00
Dividend, preferred	$	11.00
Price, common	$	55.00
Price, preferred	$	134.00
Flotation cost, preferred	$	8.20
Growth rate		9%
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.)