Claiborne Company finances its assets with $4,800,000 of debt, $1.440,000 of preferred stock and $5,760,000 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 8.54% Dividend of Preferred Stock $9.46 Dividend at time 0 Do) $5.12 Constant Growth Rate of Common Stock (g) 6% Preferred Stock Price $103.59 Common Stock Price $63.58 Tax Rate 21% Multiple Choice 10.57% 10.77% 10.71 10.52%