50. Wayco Industrial Supply has a pre-tax cost of debt of 7.6 percent, a cost of equitv t 14.3 percent, and a cost of preferred stock of 8.5 percent. The firm has 220,00 shares of on stock outstanding at a market price of $21 a share. There are 25,00 shares preferred stock outstanding at a market price of $41 a share. The bond issue has a face value of $550,000 and a market quote of 101.2. The company's tax rate is 37 percent. What is the firm's weighted average cost of capital? A. 10.18 percent B. 10.84 percent C. 11.32 percent D. 12.60 percent E. 12.81 percent