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14) Metals Corp. has $2,575,000 of debt, the market value of preferred stock is $1,550,000 and of common stock is $18,125,000. Metals Corp.'s after-tax cost

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14) Metals Corp. has $2,575,000 of debt, the market value of preferred stock is $1,550,000 and of common stock is $18,125,000. Metals Corp.'s after-tax cost of debt is 5.25%, preferred stock has a cost of 6.35%, and newly issued common stock has a cost of 14.05%. What is Metals Corp.'s weighted average cost of capital? Ob) 10.8% O c) 8.3% od) 12.5% a) 12.8%

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