Given the following information: Percent of capital structure: Preferred stock Common equity (retained earnings) Debt 35% 45 20 Additional information: Corporate tax rate Dividend, preferred 30% $ 6.00 Dividend, expected common $ 2.80 Price, preferred Growth rate Bond yield $103.00 7% 5% Flotation cost, preferred $ 8.40 Price, common $ 74.00 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.) Debt Preferred stock Weighted Cost % Common equity (retained earnings) Weighted average cost of capital 0.00 %