Given the following information: Percent of capital structure: Preferred stock Common equity (retained earnings) Debt 25% 55 20 Additional information: Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common 35% $ 4.00 $ 2.80 $99.00 5% 7% $ 6.40 $92.00 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 Preferred stock Common equity (retained earnings) Weighted average cost of capital %