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Based on current market values, the FIN340 Company has calculated its capital structure weightings to be comprised of 66.0% common stock, 4.0% preferred stock, and

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"Based on current market values, the FIN340 Company has calculated its capital structure weightings to be comprised of 66.0% common stock, 4.0% preferred stock, and 30.0% 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)? 11.93% 10.73% 11.04% 8.72% 11.30% 13.30%

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