Coco Company has a target capital structure of 50% equity, 40% debt, and 10% preferred stock. The cost of retained earnings is 15 percent, and the cost of new equity (from selling stock) is 16.5 percent. Coco Company can sell debentures at an after-tax cost of 8.3%. Its cost of preferred stock is 11.9%. What is Coco Company's cost of capital before and after the equity break point? (just solution please kindly make it ASAP)

12.01% and 12.76%

12.39% and 11.53%

11.18% and 11.53%

14.23% and 14.68%