president of finance, has given you the following information and his asked you fo compite the weighted iveroge cost of rapital. The company currently has outstanding a borid with a 62 percent coupon rate and another bond with a 9.2 persent coupon rate The litm has been informed by its inveatment banket that bonds of equal risk and credir masp are now selling to yicid 72 nercent The common stock has ptice of 562 and an expected qividend (D1) of 53.30 per share, The firm's histotical growth rate of camings and dividends per share has been 11.5 percent, but secuity analysts on Will Street expert this growth to slow to 9 percent in future years. The preferred stock is selling at $58 per share and carnes a dividend of $975 per shate. The corporate tax rate is 30 percent. The flotation cost is 19 percent of the selling price for preferred stock. The optimum capitai structure is 50 percent debt, 5 percent preferred stock, and 45 percent common equity in the form of retatned earnings: a. Compute the cost of capltal for the indlividual components in the capital structure Note: Do not round intermediote colculations. Input your answers as o percent rounded to 2 decimat places. b. Calculate the weighted cost of each source of capital and the welghted dverage cost of capital. Note: Do not round intermediate calculations. Input your onswers as o percent rounded to 2 decimol places