11. You have the following information on Donuts R King: 2011 Balance Sheet ($000s) Long-term Debt A B 10,000 2,000 6,000 Equity Debt A: $10 million (par value) in outstanding notes, maturing in 5 years, with a coupon rate of 8.5% and a price of 92% of face. (Semi-annual compounding) Debt B: $2 million (par value) in outstar ling notes, maturing in 10 years with a coupon rate of 11% and priced to yield 10.75%. (Semi-annual compounding). Common Stock: 1 million shares outstanding. Current share price is $12 per share. Beta is 1.5. Tax rate = 35%. -- Risk free rate is 6% -- The expected return on the market portfolio is 14.5%. Estimate the company's weighted average cost of capital