Question 26 10 pts Mitchell, Inc. has $850,000 in debt with an average cost of 6.5%. The firm has shareholder equity of $320,000. Currently, Mitchell, Inc. has a Beta of 1.7. The SP500 returns 11% and the T-Bill rate is 3%. The firm also had $80,000 in preferred stock. The preferred sells at $26.50/share and pays a dividend of $3.25/share. Mitchell, Inc. is in the 25% tax bracket. What is the weighted average cost of capital for Mitchell, Inc? HTML Editora BIU A- A - Tx Ex? X 2 VX COV ITT: 12pt