Claiborne Company finances its assets with $4,032,000 of debt, $2,688,000 of preferred stock and $5,280,000 of common stock. Based upon the information provided below, what is the company's weighted average cost of capital? Claiborne Company Yield to Maturity of Bonds 8.69% Dividend of Preferred Stock $8.32 Dividend at time 0 (DO) $5.43 Constant Growth Rate of Common Stock (9) 6% Preferred Stock Price $103.59 Common Stock Price $63.58 Tax Rate 21% Multiple Choice 10.62% 10.73% 10.94% 10.46% 10.75%