ABC Corp. has a covariance of 0.05 with the market portfolio, and the standard deviation of the market portfolio is 0.2. The market risk premium is 10% and the risk-free rate is 2.5%. ABC Corp. has 1 million outstanding bonds trading at $100 currently. ABC Corp. has 20 million shares outstanding trading at $20. What is the weighted average cost of capital for ABC Corp. if the yield to maturity of its bond is 10%? Assume that corporate tax rate is 0%.

	13%
	14%
	15%
	12%
	None of the above