You are given the following information concerning Parrothead Enterprises: Debt: 175 Bonds, with a market value of $178,675.00. The bonds have a pre- tax YTM of 5.96% Common stock: $640,000.00 market value of common stock. The stock has a beta of 1.5 Preferred stock: 30,000 shares of preferred stock, at a price of 7.00/share. The preferred stock pays a dividend of $0.55/share indefinately. Market: The tax rate is 27%, the risk-free rate is 3.0%, and the return on the market is 9.00% What is the firm's cost of common stock and preferred stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 12.34.) Cost of Common stock Cost of Preferred Stock %