Based on current market values, the FIN340 Company has calculated its capital structure weightings to be comprised of 46% common stock, 8% preferred stock, and 46% debt; The pre-tax cost for each is common stock 17.40%, preferred stock 5.60%, and debt 3.20% and the company has a tax rate of 21%; What is the FIN340 Company's weighted average cost of capital (WACC)?"

		9.92%
		7.84%
		8.73%
		10.23%
		12.01%
		5.88%
		9.61%