Using the balance sheet provided for Universal Exports, determine the weighted average cost of capital. The firm's tax rate is 40%, the preferred stock pays a dividend of $0.35 per share the beta of the stock is 1.83, the market risk premium is 6%, and the risk-free rate is 3%. Assume that the book value capital structure weights are the company's optimal weights. Assets Cash and Short-Term Securities $13 Universal Exports Balance Sheet (S millions) Llabilities & Owner's Equity S3 Bonds (9% annual coupon, 10-year maturity, 8% YTM) 6 Preferred Stock market price - $4.65) 7 Common Stock 21 37 Total 3 21 Accounts Receivable Inventories Plant and Equipment Total 37 What is the proportion of debt in the firm's capital structure, wd? % (Round to two decimal places.) What is the proportion of preferred stock in the film's capital structure, wo? % (Round to two decimal places.) What is the proportion of common equity in the firm's capital structure, 10? % (Round to two decimal places.) What is the after-tax cost of debt for Universal Exports? % (Round to two decimal places. What is the cost of preferred stock for Universal Exports? % (Round to two decimal places.)