Problem 11-22 Weighted average cost of capital [LO11-1] Given the following information: Percent of capital structure: Debt Preferred stock Common equity (retained earnings) Additional information: Bond coupon rate Bond yield to maturity Dividend, expected common Dividend, preferred Price, common Price, preferred Flotation cost, preferred Growth rate Corporate tax rate 14% 12% $ 8.00 $15.00 $ 75.00 $ 126.00 $ 6.80 5% 40% Debt Preferred stock Common equity (retained earnings) Weighted average cost of capital Calculate the Hamilton Corp.'s weighted cost of each source of capital and the weighted average cost of capital. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places.) Weighted Cost 35% 20 45 0.00 %