Given the following information: Percent of capital structure: Preferred stock Common equity (retained earnings) Debt Additional information: 20% 40 40 Corporate tax rate Dividend, preferred 24% $ 8.50 Dividend, expected common $ 2.50 Price, preferred $ 105.00 Growth rate Bond yield Flotation cost, preferred 7% 9.5% $ 3.60 Price, common $ 75.00 Calculate the weighted average cost of capital for Digital Processing Incorporated. Note: Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places. Debt Preferred stock Common equity (retained earnings) Weighted average cost of capital Weighted Cost % 0.00 %