Calculate WACC given the following information. Cost of Equity (common $900,000 stocks) 0.16 Total Value of Common Stocks (CS) Total Value of Preferred Stocks (PS) Total Value of Debt (D) 0.12 $200,000 Cost of Preferred stock $300,000 Pre-tax Cost of Debt Tax rate (t) 0.07 0.2 14.52% none of the answers is correct 22.77% 19.46% 13,20%