Continue using the information about Chambord Co. from the previous question: Chambord Co. has 14 million shares of common stock outstanding, 760,000 shares of preferred stock outstanding, and 180,000 long term bonds (par $1,000 each) outstanding. Currently the common stock sells for $35 per share, the preferred stock sells for $84 per share, and the bonds sell for 95% of par. The preferred stock pays a constant $2.10 annual dividend per share. Its equity beta is 1.1, pretax cost of debt is 10%, and tax rate is 40%. The market expected return is 15%. The risk free rate is 5%. Summarizing all your calculations, Chambord's WACC is 12.45% 11.71% 13.40% 14.85%