QUESTION 10 Quintero Corporation estimates that it can issue debt at a rate of r d = 8%, and its tax rate is 30 percent. It can issue preferred stock that pays a constant $3.50 dividend per year at a price of $57 per share. Also, its common stock currently sells for $68 per share the next expected dividend (D) is $4.76, and the dividend is expected to grow at a constant rate of 5 percent per year. The target capital structure consists of 70 percent common stock, 25 percent debt, and 5 percent preferred stock. What is Quintero's WACC? a 10.53% b. 10.88% c 10.28% Od. 6.78% e. 7.62%