Problem 11-19 Weighted average cost of capital (LO11-1) Global Technology's capital structure is as follows Debt Preferred stock Common equity 15% 50 35 The aftertax cost of debt is 8.50 percent, the cost of preferred stock is 1250 percent and the cost of common equity on the forme retained earnings) is 1550 percent Calculate the Global Technology's weighted cost of each source of capital and the weighted average cost of capitat (Do not roun Intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Notice that this problem asks for the weighted costs. These are the unweighted costs times the weights like this. (allwch) - weig cost of debt Weighted Cost Debt Preferred stock Common equity Weighted average cost of capital %