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7. pls answer fast i will leave a like Westem Electric has 31,500 shares or common stock outstanding ot a price per share of 578

7. pls answer fast i will leave a like image text in transcribed
Westem Electric has 31,500 shares or common stock outstanding ot a price per share of 578 and a rate of return of 13.05 percent. The firm has 7.250 shares of 730 percent preferred stock outstanding at a price of $94.50 per share. The preferted stock has a par value of $100. The outstanding debt has a total face value of $401.000 and currently sells for 110.5 percent of face. The yield to maturity on the debt is 8.05 percent. What is the firm's weighted average cost of capital if the tax rate is 21 percent? Mutipie choice 10.518 1129 tf 50b 10.711 10.29%

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