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%? 8.38% 10.02% 10.79% None of the choices