QUESTION 4 The expected return on the market is 15.49%, the risk free rate is 3.49%, and the tax rate is 30%. Berkeley Studios has 750,000 common shares outstanding that are priced at $14.00 per share and have an expected return of 16.1196 and an expected real return of 14.84%. Last year, Berkeley Studios common stock had a return of 21.8196. The company also has 200.000 shares of preferred stock outstanding that are priced at $20.50 per share and have an expected return of 12.3896 and an expected real return of 11.15%. Last year, Berkeley Studios preferred stock had a return of 14.99%. Finally, the company has 15.000 bonds outstanding with a coupon rate of 9.879. yield-to-maturity of 7.35%, current yield of 9.3596, face value of $1,000, and price of 51,060. What is the weighted average cost of capital for Berkeley Studios? a. 9.899 (plus or minus 0.05 percentage (gints) b. 9.29% (plus or minus 0.05 percentage points) C. 10.619 (plus or minus 0.05 percentage points) d. 10.81% (plus or minus 0.05 percentage points) e. None of the above is within 0.05 percentage points of the correct