Given the following information: Percent of capital structure: Preferred stock 25% Common equity (retained earnings) Debt 35 40 Additional information: Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate 30% $ 12.00 $ 7.50 $ 95.00 10% Bond yield Flotation cost, preferred Price, common 12% $ 8.50 $ 80.00 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