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) 15% 10 75 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 11% 9% $ 7.00 $ 14.00 $ 70.00 $ 140.00 $ 2.20 6% 30% 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 % Debt Preferred stock Common equity (retained earnings) Weighted average cost of capital 0.00 %