A company has the following capital structure: Debt $200,000 Common Stock $700,000 Preferred Stock $100,000 The interest rate on their debt is 8%. The required rate of return on common is 17%. The dividend yield on their preferred is 6.5%. The company has a 30% tax rate. What is this company's weighted average cost of capital? 12.22% 15.03% 13.67% 14.15% Next earch