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Problem 11-24 Given the following information. Percent of capital structure: Debt 25%Preferred stock 15Common equity 60additional information: Bond coupon rate 9%Bond yield ?%Dividend, expected common $3.00Dividend, preferred $10.00Price, common $50.00Price, preferred $116.00Flotation coat, preferred $3.50Corporate growth rate 6%Corporate tax rate 30% Calculate the weighted average cost of capital for Genex Corporation. Line up the calculations in the order shown in Table ‘11-1. [Do notround your intermediate calculatlons and round your final answers to 2 decimal places.) Hhightad Cost Debt (Rd-J 1Preferred stock {KP} Common equity {HE} Weighted average cost of capital (Rh) H W

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