A Canadian company financed its business through a mixture of debt, common stock, and preferred stock. Specifically, the company faces a cost of debt of 8%, a cost of common stock equity of 12%, and a cost of preferred stock equity of 10%. The company issued 120,000 shares of common stock and these stocks can be purchased at $25 per share. The company issued 70,000 shares of preferred stock, which can be purchased at $20 per share. The bond issued has a total face value of $1,000,000 and the current market quote is 105. The company has a tax rate of 35%. The weight of bond in the company's capital structure is O 19.3% O 5.2% 33.3% 8.0% O 18.5% uestion 20 (1 point) Tim's firm has a beta of 1.6 and shareholders demand a cost of equity of 18%. The risk-free rate of return is 3%. The firm just receives an invitation to invest in a clean energy project with a beta of 2.5. An appropriate discount rate for the new project is: 22.50% 40.50% 31.25% 26.44% 19.08%