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Ford Motor Company is discussing new ways to recapitalize the firm and raise additional capital. Its current capital structure has a 35% weight in equity,

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Ford Motor Company is discussing new ways to recapitalize the firm and raise additional capital. Its current capital structure has a 35% weight in equity, 5% in preferred stock, and 60% in debt. The cost of equity capital is 15%, the cost of preferred stock is 11%, and the pretax cost of debt is 8%. What is the weighted average cost of capital for Ford if its marginal tax rate is 30%? O A 9.16% OB 10.08% OC 10.53% OD. 9.62%

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