Question 13 2 pts TLC company has three sources of capital: A. Bonds: 10,500 issued, currently trading at $1,145. The bonds have a coupon rate of 8.0%, and a maturity of 6 years. The bonds pay interest semi-annually, and have a face value of $1,000 The company has a tax rate of 25.0% B. Preferred Stock: 20,500 shares issued. The preferred shares are currently trading at $120 each, and pay a dividend of $20 per year. C. Common Stock: 500,000 shares issued, currently trading at $25.98 per share. The shares have a beta of 1.25. Assume the rate of US Treasury bills is 2.0%, and that the expected return on the S&P 500 is 11.0%. What is the YTM of the bonds (in percentage)