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please show work Assume Shoelace Inc. has a capital structure composed of 55.00% common equity, 15.00% preferred stock, and 30.00% debt. Their cost of equity

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Assume Shoelace Inc. has a capital structure composed of 55.00% common equity, 15.00% preferred stock, and 30.00% debt. Their cost of equity is 18.00%, their cost of preferred stock is 6.00%, and their cost of debt is 13.00%. If the firm's marginal tax rate is 20.00%, what is its WACC? 14.70% O 13.02% 12.33% O 13.92%

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