Horace Corporation's cost of equity is 17 percent, its before-tax cost of debt is 9 percent, and its cost of preferred stock is 12.1 percent. The market value of its equity is $340 million, the market value of its debt is $ 330 million, and the market value of its preferred stock is $80 million. If the tax rate is 34 percent, what is Horace Corporation's weighted average cost of capital WACC? O 14.30% O 11.68% O 11.61% O 12.96%