Percy Motors has a target capital structure of 47.60% debt and 52.40% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 8.80%, and its tax rate is 49.50%. Percy's CFO estimates that the company's WACC is 11.4425%. What is Percy's cost of common equity? 13.8430% 21.3600% 9.3272% 17.8000% 14.2400% Percy Motors has a target capital structure of 47.60% debt and 52.40% common equity, with no preferred stock. The yield to maturity on the company's outstanding bonds is 8.80%, and its tax rate is 49.50%. Percy's CFO estimates that the company's WACC is 11.4425%. What is Percy's cost of common equity? 13.8430% 21.3600% 9.3272% 17.8000% 14.2400%