Question 1 (26 marks) Given the following information, calculate the weighted average cost of capital for Puppet Corporation. Assume the funds are internally generated. Percent of capital structure: Debt 56% Common equity 30% Preferred stock 14% Additional information: Bond coupon rate 9% Bond yield 4% Bond flotation coat 3% Dividend, common (just paid) 1.20 Price, common 34.00 Price, preferred 36.00 Dividend, preferred 6% Flotation cost, preferred $ 2.00 Flotation cost common 5% Corporate growth rate 6% Corporate tax rate 40% on