Omaha Company's capital structure is 48% equity, 37% debt, 15% preferred stock. It has a pretax cost of debt of 9% and a marginal tax rate of 40%. Its cost of equity is 14%, its beta is 1.8%, and its cost of preferred stock is 8.5%. What is Omaha Company's weighted average cost of capital?

Question 50 options:

11.33%

9.99%

8.70%

10.50%

11.70%