Communication Resources D. 5778 5658 5940 E $1,000 12. Chuckney Industries has a target capital structure of 20% debt and 80% common equity. Their cost of equity is 12% and the yield to maturity on the company's bonds is 9%. If the current corporate tax rate is 40%, what is their weighted average cost of capital? A 9.4% B. 10.5% C. 10.7% D. 11.5% E none of the above 13. Tunney, Inc. pays a constant annual dividend of S3.80 on its preferred stock. If the required rate of return is 12.5%, what should the preferred stock price be today? A $3.04 B. $3.52 C. S30.40 SAMSUNG