A company has the following capital structure: Target weightings: 30% debt, 20% preferred stock, 50% common equity - Tax Rate: 35% - The firm cost of debt is 6.5% A preferred stock issue that pays a dividend of $280 has a value of $35 per share The company's growth rate is estimated at 6% The company's common shares have a value of $40 and a dividend in year of Do = $3.00 The company's weighted average cost of capital is closest to: 9.28% 10.53% 9.84% un this resense