Q14. Anthony Lopez Electrical Co. has a debt of 20 million now selling at 105% and a YTM of 6%. The book value of 3 million shares of common stock is $10/share. In addition, the capital mix has $5 million of preferred stock. The preferred has a price of $25 /share and a dividend of $2. The common stock is trading at $20/share. The expected dividend next year is $5 and its growth rate is 4%. What is the pre-tax WACC of this company? . musstisco