Return to que 4 Problem 11-26 10 points Given the following information, calculate the weighted average cost of capital for Puppet Corporation. (Round intermediate calculations to 2 decimal places. Round the final answers to 2 decimal places.) 50% 20 30 Percent of capital structure: Debt Preferred stock Common equity Additional information: Bond coupon rate Bond yield Bond flotation cost Dividend, expected common Price, common Dividend, preferred Flotation cost, preferred Flotation cost, common Corporate growth rate Corporate tax rate 8.5% 7.25% 2% $2.00 $32.00 3% 4.50% 7% 35% a. Calculate the cost of capital assuming use of internally generated funds. Internal capital cost 13.25 % b. Calculate the cost of capital assuming use of externally generated funds. External capital cost 13.87 c. Not suitable for Connect