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Assume the following information about a firm's capital components. The firm is subjected to 20% tax rate. Weight Cost Debt 20% 10% Preferred stock 20%

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Assume the following information about a firm's capital components. The firm is subjected to 20% tax rate. Weight Cost Debt 20% 10% Preferred stock 20% 11% Common stock 60% 14% The firm's weighted average cost of capital (WACC)is: a. 12.05% b.12.20% c. 11.00% d. 11.20% e. 11.90%

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