I) (50 Points) The Tutunamayanlar Corporation's December 31, 2019 balance sheet (book value) included the following information. The Tutunamayanlar Co. Blanace Sheet (all values in millions) LIABILITIES & OWNER'S EQUITY ASSETS Cash and short-term securities $2 Bonds, coupon=8%, paid $20 Accounts receivable 09 annually (maturity=5 years, current yield to maturity=9%) Preferred stock (par value $15 per share) Common stock (par value $.50) 6 Inventories 12 1 Plant and equipment 30 18 Additional paid in stockholders' capital Retained earnings 5 Total $50 Total $50 The company's common stock are traded in market at $15 and pays $1,8 dividend per shares, the preferred stocks sold in the market at $20 and pays a dividend of $1 per share the beta of the stock is 1.2, the market risk premium is 10%, the risk-free rate is 6 per cent and the firm's tax rate is 30%, Required: Using information given above calculate the Tutunamayanlar's weighted average cost of capital? (hint: there are 2.000.000 common stocks outstanding)