A company has raised $200,000 from debt, on which lenders charge 8%. It has raised $100,000 from preferred stock at a cost of 10%, and $300,000 from common stock at a cost of 14%. Its marginal tax rate is 25%. This companys weighted average cost of capital is estimated to be:

		10.00%
		11.60%
		8.76%
		10.67%
		9.50%