Lillinoissale.edu/portal/site/db5040fe-073d-4487-8e08-debaf3a17145/tool/595897ba-006f-4682-8158-54c600fc0a4f/jsf/delivery/begin TakingAssessment Events Map Apply Search/AZ Sites A Hide Time Remaining Question 23 of 25 5 Points .Nevada Corporation strives to maintain a capital structure that includes 35% debt and 13% preferred stock. If the pre-tax cost of debt financing (kd) is 6.8% annually, the cost of common equity (ke) is 10.7% annually, the company's marginal income tax rate is 25%, and the weighted average cost of capital (kA or WACC) is 8.4735% annually, what is the company's annual percentage cost of preferred stock (kp) financing? A. 1.129 B. 19.35% C.4.07% D. 8.65% E. 11.53% D 64 PM o to search