Click Submit to complete this assessment Question 20 5 points Save Arow The expected return on the market in 12.80%, the risk free rate is 401%, and the tax rate is 17.00% Semper Fun Sports has 300,000 comman shares outstanding that are priced at $40.90 per share and have an expected return of 16.72% and an expected real return of 14.99%. Last year, Semper Fun Sports common stock had a return of 11.25% The company also tus 400,000 shares of preferred stock outstanding that are priced at $15.35 per share and have an expected return of 13.30% and an expected real return of 11.90%. Last year, Semper Fun Sports preferred stock had a return of 899. Finally, the company has 10,000 bonds outstanding with a coupon rate of 897, yield to-maturity of 431%, current yield of 859%, face value of $1,000.00, and price of $1.220.00. What is the weighted average cost of capital for Semper Fun Sports? O 10.81% plus or minus 0.02 percent) O 12.22% (plus or minus 0.02 percent O 11.24% (plus or minus 0:00 percent) 11.10% (plus or minus 0.02 percent) O None of the above is within 12 percentage points of the correct answer Question 20 of 20 & Submit complete this asse Question 20 of 20 Save and Sub =3233 Click Submit to complete this assessment. Question 20 The expected return on the market is 12.809, the risk-free rate is 4,01%, and the tax rate is 17.00% Semper Fun Sports has 300 mense s at $40.90 per share and have an expected return of 16.72% and an expected real return of 14.99%. Last year, Semper Fun Spons comm company also has 400,000 shares of preferred stock outstanding that are priced at $15.39 per share and have an expected to 11.90%. Last year, Semper Fun Sports preferred stock had a return of 8.99%. Finally, the company has 10,000 bonds standing with 4.31%, current yield of 8.59%, face value of $1,000.00, and price of $1,220.00, what is the weighted average cost of capital for Semper Fun Sp O 10.81% (plus or minus 0.02 percent) O 12.22% (plus or minus 0.02 percent) O 11.24% (plus or minus 0.02 percent) O 11.10% (plus or minus 0.02 percent) None of the above is within .02 percentage points of the correct answer Click Submit to complete this assessment