Question: Assignment Saved Help Preferred stock 20% Common equity (retained earnings) 60 Debt 20 Additional information: Corporate tax rate 40% Dividend, preferred $ 11.00 Dividend, expected

Assignment Saved Help Preferred stock 20% Common equity (retained earnings) 60 Debt 20 Additional information: Corporate tax rate 40% Dividend, preferred $ 11.00 Dividend, expected common $ 6.50 Price, preferred $ 107.00 Growth rate 9% Bond yield 8% Flotation cost, preferred $ 7.50 Price, common 00 16 $ Calculate the weighted average cost of capital for Digital Processing Incorporated Note: Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places. Weighted Cost Debt hs Preferred stock Common equity (retained earnings) Weighted average cost of capital 0.00 %

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