Weighted Average Cost of Capital Gardner, Inc., plans to finance its expansion by raising the needed investment capital from the following sources in the indicated proportions and respective capital cost rates:

Capital Cost
Source	Proportion	Rate
Bonds	40%	14%
Preferred stock	20%	10%
Common stock	30%	13%
Retained earnings	10%	10%
	100%

Calculate the weighted average cost of capital. Round answers to one decimal place. For example, 0.457 = 45.7%.

Weighted Average
	Cost of Capital
Bonds	Answer%
Preferred stock	Answer%
Common stock	Answer%
Retained earnings	Answer%
	Answer%