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4 points You have collected the following information about your firm, Its 170 million shares of common stock have a book value of $13 per

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4 points You have collected the following information about your firm, Its 170 million shares of common stock have a book value of $13 per share and a current market price of $23 per share. The stock has a return standard deviation of 0.34 and beta of 1.43. The expected return for the market portfolio is 9% and the T-bill rate is 3%. The firm's outstanding bonds have a total face value of $880 million, maturity of 11 years, semi-annual 6.7% coupon, and a current price of 103.1% of par value. The marginal tax rate is 35%. What is the cost of capital used to cvaluate projects for the firm? $0.07$0.10$0.10$0.10

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