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Given the following information, calculate the weighted average cost of capital for Puppet Corporation. (Round Intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) Percent of capital structure: Debt 258 Preferred stock 70 Common equity 5 Additional information: Bond coupon rate Bond yield 8.75% Bond flotation cost Dividend, expected common $1.50 Price, common $30.00 Dividend, preferred 78 Flotation cost, preferred Flotation cost, common 4.00% Corporate growth rate Corporate tax rate 35% a. Calculate the cost of capital assuming use of internally generated funds. Internal capital cost % b. Calculate the cost of capital assuming use of externally generated funds. External capital cost % c. Not suitable for Connect