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Global Technology's capital structure is as follows: Debt: 15% preferred stock: 50 Common Equity: 35 The aftertax cost of debt is 6.00 percent: the cost

Global Technology's capital structure is as follows:

Debt: 15%

preferred stock: 50

Common Equity: 35

The aftertax cost of debt is 6.00 percent: the cost of preferred stock is 10.00 percent; and the cost of common equity in the form of retained earnings) is 13.00 percent.

Calculate the Global Technology's weighted cost of each source of capital and the weighted average cost of capital. (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: (k)(wd) = weighted

cost of debt.

Debt % ?

Preferred stock?

Common equity?

Weighted average cost of capital %?

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