Question 36 1 pts EZPT, Inc. is calculating their weighted average cost of capital. They currently have two million shares of common stock outstanding that are selling for $24.00 per share. The next dividend is expected to be $1.75 and future dividends are expected to grow by 7% annually. Preferred stock sells for $15 a share, pays a $1.65 dividend each period, and 500,000 shares are outstanding. Debt consists of 25,000 10-yar, 9% semiannual bonds which sell for $1,000. The marginal tax rate is 34%. Calculate the common stock as a percentage of total capital 11.30% 59.63% 27.03% 9.00% 1 pts Question 38 EZPT, Inc. is calculating their weighted average cost of capital. They currently have two million shares of common stock outstanding that are selling for $24.00 per share. The next dividend is expected to be $1.75 and future dividends are expected to grow by 7% annually. Preferred stock sells for $15 a share, pays a $1.65 dividend each period, and 500,000 shares are outstanding. Debt consists of 25,000 10-year, 9% semiannual bonds which sell for $1,000. The marginal tax rate is 34%. Calculate debt as a percentage of total capital 5.96% 11.30% 31.06% 9.00%