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Given the following information. 25% 15 60 Percent of capital structure: Debt Preferred stock Common equity Additional information: Bond coupon rate Bond yield Dividend, expected common Dividend, preferred Price, common Price, preferred Flotation cost, preferred Corporate growth rate Corporate tax rate 6% 4% $1.00 $8.00 $40.00 $128.00 $5.80 6% 30% Calculate the weighted average cost of capital for Genex Corporation. Line up the calculations in the order shown in Table 11-1. (Do not round your intermediate calculations and round your final answers to 2 decimal places.) Weighted Cost Debt (KD) Preferred stock (Rp) Common equity (Ke) Weighted average cost of capital (Ka) Debt..... K Preferred stock. K Common equity (retained earnings)... K Weighted average cost of capital .... K Cost (after tax) 6.55% 10.94 12.00 Weights 30% 10 60 Weighted Cost 1.97% 1.09 7.20 10.26% P Table 11-1 Cost of capital-Baker Corporation