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Assume that Tesla has 100,000 bonds outstanding that are selling at par value. The bonds yield 10.5 percent. Tesla also has 5.0 million shares of

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Assume that Tesla has 100,000 bonds outstanding that are selling at par value. The bonds yield 10.5 percent. Tesla also has 5.0 million shares of common stock outstanding. The stock has a beta of 1.7 and sells for $55 a share. The U.S. Treasury bill is yielding 6 percent and the market risk premium is 9 percent. Tesla's tax rate is 35 percent. What is Tesla's weighted average cost of capital? Multiple Choice 19.48 percent 15,62 percent 13.80 percent 17.44 percent 3.72 percent

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