19. Sun Products Company (SPC) uses only debt and equity. It c an borrow unlimited amounts at an interest rate of 12% so long as it finances at its target capital structure, whi 45% debt and 55% common equity. Its last dividend was $2.40, its expected constant growth rate is 5%, and its stock sells for $24. SPC's tax rate is 40%, what is SPC's w ch calls for ACC? 12.05% 13.40% 11.77% 12.50% 10.61% a. b. d. e