Given the following information: Percent of capital structure: Preferred stock Common equity (retained earnings) Debt 25 60 15 Additional information: 35% Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common $ 12.00 $ 7.50 $102.00 7% 6X $6.20 $76.00 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.) Notice that this problem asks for the weighted costs. These are the unweighted costs times the weights. Like this id){wd) = weighted cost of debt. 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.) Notice that this problem asks for the weighted costs. These are the unweighted costs times the weights. Like this: (kd)(wat) = weighted cost of debt Weighted Cost Debt Preferred stock Common equity (retained eamings) Weighted average cost of capital 0.00%