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Given the following information: Percent of capital structure. Preferred stock Common equity (retained earnings) Debt 20% 40 49 Additional information: Corporate tax rate Dividend, preferred Dividend, expected common Price, preferred Growth rate Bond yield Flotation cost, preferred Price, common 24% $ 8.50 $ 2.50 $105.00 7% 9.5% $ 3.60 $ 75.00 Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round interme answers as a percent rounded to 2 decimal places.) Weighted Cost % Debt Preferred stock Common equity (retained earnings) Weighted average cost of capital 0.00%