Hankins Corporation has 8.2 million shares of bonds outstanding, par value $1,000 each. The common stock currently currently sells for $107.30 per share, and the bonds have 17 percent, and the firm's tax rate is 38 percent common stock outstanding, 570,000 shares of 7.2 percent preferred stock outstanding, and 182,000 of 8.4 percent semiannual years to maturity and sell for 92 5 percent of par. The market risk premium is 6.9 percent, Tbilis are yielding 5.6 sells for $64.70 per share and has a beta of 1.27, the preferred stock has a par value of $100 and Market value weight of prefemed stock Market value weight of equity Cost of prelerred stock round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16) Weighted average cost of capital