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Percent of capital structure: 158 Preferred stock Common equity (retained earnings) Debt 30 Additional information: Corporate tax rate Dividend, preferred Dividend, expected common 4.50 Price,

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Percent of capital structure: 158 Preferred stock Common equity (retained earnings) Debt 30 Additional information: Corporate tax rate Dividend, preferred Dividend, expected common 4.50 Price, preferred Growth rate Bond yield Flotation cost, preferred 4.40 Price, common 30% 8.00 $99.00 98 9% $88.00 Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round intermediate 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 0.001%

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