Finance-Given the following information: Percent of capital structure:

Given the following information: Percent of capital structure: Preferred stock20% Common equity40 Debt40 Additional information: Corporate tax rate34% Dividend, preferred$8. 50 Dividend, expected common$2. 50 Price, preferred$105. 00 Growth rate7% Bond yield9. 5% Flotation cost, preferred$3. 60 Price, common$75. 00Calculate the weighted average cost of capital for Digital Processing Inc. (Do not round intermediate calculations. Input your answers as a percent rounded to 2 decimal places. ) Weighted Cost Debt (Kd) % Preferred stock (Kp) Common equity (Ke) Weighted average cost of capital (Ka) %