KCG, Inc. has the following mix of funds and costs

Type	Amount	Cost
Debt	P 150,000	18%
Preferred stock	500,000	15%
Common equity	700,000	12%
Total funds	P1,350,000

What is KCGs weighted average cost of capital?

Group of answer choices

12.22%

14.22%

13.77%

15.22%