Percent of capital structure: Preferred stock Common equity (retained earnings) Debt 201 40 40 Additional information: Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common 240 $8.50 $ 2.50 $105.00 70 9.50 $ 3.60 $ 75.00 Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round intermediate calculations. Input you answers as a percent rounded to 2 decimal places.) Weighted Cost % Debt Preferred stock Common equity (retained earnings) Weighted average cost of capital %