Question 14 Not yet answered Points out of 10.00 P Flag question Calculate KLM Company's weighted average cost of capital from the following data. Assume a tax rate of 21%. Market: Market risk premium is 8%, and the risk-free rate is 3.2%. Debt: 21,000 bonds outstanding with a 7.1% semiannual coupon, $1000 par, 18 years to maturity, selling for 93 percent of par. Preferred Stock: 10,000 shares of 5.2% preferred stock shares outstanding. Par value of $70 and currently sell for $74. Common Stock: 400,000 shares outstanding, selling for $101. Betais 1.4. A F~ T:- A, B 1 - I of ONE