Jones Company has a target capital structure of 40% debt, 10% preferred stock, and 50% common equity. The 12.1%, and its cost of new common stock is 21.1%. The company stock has a beta of 1.2 and the company's fund the common equity portion? Submit your final answer as a percentage and round to two decimal places mon equity. The company's after-tax cost of debt is 6.9%, its cost of preferred stock is 8.8%, its cost of retained earnings is the company's marginal tax rate is 40%. What is the company's weighted average cost of capital if retained earnings are used to hecimal places (Ex. 0.0096). Jones Company has a target capital structure of 40% debt, 10% preferred stock, and 50% common e 12.1%, and its cost of new common stock is 21.1%. The company stock has a beta of 1.2 and the co fund the common equity portion? Submit your final answer as a percentage and round to two decima oferred stock, and 50% common equity. The company's after-tax cost of debt is 6.9%, its cost of preferred stock is 8.8%, its cost of retained earnings is stock has a beta of 1.2 and the company's marginal tax rate is 40%. What is the company's weighted average cost of capital if retained earnings are used to centage and round to two decimal places (Ex. 0.00%)