Debt 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at...

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Debt 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock Preferred Stock 554,000 shares of common stock outstanding. The stock sells for a price of $76 per share and has a beta of 1.20. 215,000 preferred shares outstanding, currently trading at $70.00 per share; with an annual dividend payment of $5.20, Market The market risk premium is 13% and the risk free rate is 4% Tax Rate 26% Time left 1:07:23 What is the weighted average cost of capital? (Answer as a percentage and round to 2 decimals) O a. 6.25% O b. 7.02 % Oc. 9.61 % Od. 11.46 % Oe. 13.36 % Debt 59,000 bonds with a 5.0% coupon rate, payable annually, 15 years to maturity, selling at $1,050 per bond. Common Stock Preferred Stock 554,000 shares of common stock outstanding. The stock sells for a price of $76 per share and has a beta of 1.20. 215,000 preferred shares outstanding, currently trading at $70.00 per share; with an annual dividend payment of $5.20, Market The market risk premium is 13% and the risk free rate is 4% Tax Rate 26% Time left 1:07:23 What is the weighted average cost of capital? (Answer as a percentage and round to 2 decimals) O a. 6.25% O b. 7.02 % Oc. 9.61 % Od. 11.46 % Oe. 13.36 %