Gordon's has 15,000 shares of common stock outstanding at a market price of $42.00 a share. The firm also has a bond issue outstanding with a total face value of $350,000 which is selling for 98 percent of face value. The cost of equity is 14 percent while the pre-tax cost of debt is 9 percent. The firm has a beta of 1.25 and a tax rate of 35 percent. What is the company's weighted average cost of capital? a) 11.13 percent b) 8.46 percent c) 12.22 percent d) 9.04 percent e) 10.12 percent