14) Labrador Co's book value of capital is as follows: Debt $1,750,000; Pref Stock $1,250,000; Common Stock $20,400,000. The market value of Labrador's capital is: Debt $1,750,000; Pref $3,500,000; Common Stock $88,300,000. Labrador's after-tax cost of debt is 3.25%, preferred stock has required return of 7.8%, and common stock has a required return of 15.3%. What is Labrador's weighted average cost of capital? O 3.7% O 14.8% 8.8% O 3.5%