"Based on current market values, the FIN340 Company has calculated its capital structure weightings to be comprised of 54.0% common stock, 4.0% preferred stock, and 42.0% debt; The pre-tax cost for each is common stock 14.0%, preferred stock 7.5%, and debt 5.0% and the company has a tax rate of 21.0%; What is the FIN340 Company's weighted average cost of capital (WACC)?" 10.40% 12.05% 10.59% 9.52% 9.96% 7.87% 8.83%