given this chart as well as a market value of debt being 46.16 million, what is the rate of return on the preffered stock? Enter your answer as a % and rounded to 2 decimal places.

$62 million Consider the following company, Book Value of Debt YTM Coupon Coupon Payments Years Corporate Tax Rate # of Preferred Shares Price of Preferred Share Dividend per Preferred Shares # of Common Shares Price of Common Share B of Common Stock Risk-Free Rate Market Return 10% 17% annually 20 20% 1.5 million $20 $1.41 6 million $17 1.3 3% 13%