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O0.59 Question 11 3 pts Chapter 13) Peter's Audio has a yield to maturity on its debt of 7.8 percent, a cost of equity of

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O0.59 Question 11 3 pts Chapter 13) Peter's Audio has a yield to maturity on its debt of 7.8 percent, a cost of equity of 12.4 percent, and a cost of preferred stock of 8 percent. The market value of the firm's common stock is $2,310,000 and of its preferred stock is $1,125,000. The firm's bond has a total face value of $1.5 million and sells at 98 percent of face value. If the tax rate is 34 percent, what is the weighted average cost of capital? O 9.04 percent 8.54 percent O 10.01 percent O 9.22 percent O 9.45 percent 8 pts D Question 12 MacBook Air

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