Quantitative Problem: Barton Industries expects that is target capital structure for raising funds in the future for its capital budget wil consist of 40% debt, 59 preferred stock, firm's cost of equity is 13.3% for old equity, rs and 13.7% for new equiny, r6. What is the firm's weighted average cost of capital (WACC 1 ) if it uses retained eornings as its source of common equitr? Do not round intermediate calculations. Round your answer to two decimal places. 48. What is the firm's weighted averoge cost of capital (WACC) if it has to issue new common stock? Do not round intermediate calculatians, Round your answer to two decimal piaces