Given the following information:

Percent of capital structure:

Preferred stock	20	%
Common equity	50
Debt	30

Additional information:

Corporate tax rate		40	%
Dividend, preferred	$	7.00
Dividend, expected common	$	3.50
Price, preferred	$	98.00
Growth rate		8	%
Bond yield		10	%
Flotation cost, preferred	$	3.40
Price, common	$	86.00
Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.)

WEIGHTED COST %

DEBT ...%

PREFERED STOCK ...%

COMMON EQUITY ..%

WEIGHTED AVERAGE COST OF CAPITAL ..%