Question 6 (1 point) A company has a capital structure that includes 30% debts, 10% preferred stock, and 60% common stock. The before-tax cost of debt is 11%. The cost of preferred stock is 10.3%. The cost of common stock is 14.7%. New common stock sales cost approximately 16%. The marginal tax rate is 40% According to the above information, what is the weighted average cost of capital for this company? 10.3% 11% 11.8% None of the above