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Question 19 1 pts NCC's stock price is $70. there are 3 million shares of stock, the firm has $25 million of preferred stock, and

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Question 19 1 pts NCC's stock price is $70. there are 3 million shares of stock, the firm has $25 million of preferred stock, and $75 million of debt. The tax rate is 40%. What is the WACC if the cost of debt is 8%, the cost of preferred stock is 9%, and the cost of equity is 12%? 10.79% 8.38% O None of the choices 10.02%

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