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Given the following information Percent of capital structure: Preferred stock Common equity (retained earnings) Debt 10% 40 50 Additional information: Corporate tax rate Dividend, preferred

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Given the following information Percent of capital structure: Preferred stock Common equity (retained earnings) Debt 10% 40 50 Additional information: Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common 34% 7.00 $104.00 8% 9% s 9.40 76.00 Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round Intermedlate calculations. Input your answers as o percent rounded to 2 decimal places.) Weighted Cost Debt Preferred stock Common equity (retained eamings) Weighted average cost of capital

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