The following table presents information for Golden Fleece Financial. $ 420,000 Long-term debt outstanding Current yield to maturity on debt Number of shares of common stock Price per share 8.00% 16,000 Book value per share $ 62 $37 Expected rate of return on stock 15.00% Calculate the company cost of capital. Note: Ignore taxes. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Cost of capital