3. Templeton contacted the firm's investment banker to get estimates of the firm's current cost of financing and was told that if the firm were to borrow the same amount of money today, it would have to pay lenders 8%; the firm's tax rate is 25%. Preferred stockholders currently demand a 10% rate of return, and common stockholders demand 15%. Market Values: Debt P100 Million; Preferred Stock P50 Million; Common Stock P250 Million. Compute for WACC. * 13.125% 12.125% O 11.215% 10.153%