$22.9 million 2 pts Question 17 The market value of Fords' equity, preferred stock, and debt are $6 billion, $2 billion, and $15 billion, respectively. Ford has a beta of 1.2, the market risk premium is 8%, and the risk-free rate of interest is 4%. Ford's preferred stock pays a dividend of $2 each year and trades at a price of $30 per share. Ford's debt trades with a yield to maturity of 8%. What is Ford's weighted average cost of capital if its tax rate is 40%? O 8.71% 7.62% 0 7.26% O 7.98% Question 18 2 pts