Finance. MM Ferguson's market value of common stock is $$20\mathrm{.}6$ million. The beta of the company's common stock is $1\mathrm{.}37,$ and the market risk premium is $11\mathrm{.}2$ percent. The Treasury bill rate is $2\mathrm{.}9$ percent. It has $$11\mathrm{.}9$ million market value of bonds. Specifically, $6\mathrm{.}5\%$ semiannual coupon bonds with face value of $$1000$ with $22$ years to maturity, the current price is $$929\mathrm{.}27.$ what is the company's cost of capital? $($Ignore taxes$)$finan

$14\mathrm{.}18\%$

$12\mathrm{.}49\%$

$10\mathrm{.}72\%$

$13\mathrm{.}26\%$

$15\mathrm{.}55\%$