Question 33 1 pts Western Electric has 31,500 shares of common stock outstanding at a price per share of $78 and a rate of return of 13.05 percent. The firm has 7,250 shares of 7.70 percent preferred stock outstanding at a price of $94.50 per share. The preferred stock has a par value of $100. The outstanding debt has a total face value of $401,000 and currently sells for 110.5 percent of face. The yield to maturity on the debt is 8.05 percent. What is the firm's weighted average cost of capital if the tax rate is 40 percent? 41 QUESTIONS, 2 HRS 15 MINS Question 37 1 pts Bubbly Waters currently sells 430 Class A spas, 580 Class C spas, and 330 deluxe model spas each year. The firm is considering adding a mid-class spa and expects that if it does, it can sell 505 units per year. However, if the new spa Is added, Class A sales are expected to decline to 290 units while the Class C sales are expected to increase to 605. The sales of the deluxe model will not be affected. Class A spas sell for an average of $14,500 each. Class C spas are priced at $7,300 and the deluxe models sellfor $18,300 each. The new mid-range spa will sell for $9,300. What annual sales figure should you use in your analysis? $1,847,500 $6,909,000 $6,544,000 $2,849,000 $4,696,500