The firm's target capital structure is the mix of debt, seeferred stock, and common equity the firm ptans to raise funds for its future projects. The target proportions of dcbt, preferred stock; and cocrimon equity, along with the cost of these components, are used to calculate the flim's wolghted average cost of capital (Whacc). If the firm will not hawe to issue new common stock, then the cost of retisined earnings is used in the firm's Wack calculation. Howewer, If the fim will have to tissiet nirw coinenen stock, the cost of new common stock should be used in the firmis WACC calculation. Quantitative Problem: Barton Industries expects that its targot capital structure for ralsing funds in the future for its capitat buidget will consist of 40% debl, 596 preferred and the firmis cost of eqaty is 12.4% for old equaty, fu, and 13.0% for new eauly, fe. What is the firmis welghted average cost of capital (WhcCC) if it uses retained earningt as its source of comminen equity? Do not round intermediate calculations. Mownd your answer to two decimal places. What is the fitm's weighted averoge cost of copitat (WACcy) if it has to tswe new cocrmon stock? Do not roxind intermediate cakcilations. Roiant your afswer to two decitive fincere