Question 15 4 pts 15. Sea Oats Company has 10 million shares of common stock outstanding with a price of $25 per share. There are 2 million shares of preferred stock outstanding with a price of $50 per share. The company also has debt outstanding with a market value of $150 million. The required return on common stock is 16.8%. The required return on preferred stock is 12.5% and the before tax required return on debt is 11% If the tax rate is 20%, what is Sea Oat's WACC? 10.28% 1.10,92 12.10 O.12.91 13545