QUESTION 7 CC is in the process of determining the firm's WACC by collecting information from the table below Component Number Outstanding Current Market Price Market Value Balance Sheet Value $150,000,000 Debt 150,000 $1,075 $161,250,000 Preferred Stock $ 45,000,000 $ 40 1,500,000 4,500,000 $ 60,000,000 $ 205,065,000 Common Stock $180,000,000 $ 45.57 What is the Weighted Average Cost of Capital? A. 8.94% B.9.76% O C. 7.54% O OD. 10.1% O E. 7.89% O QUESTION 7 CC is in the process of determining the firm's WACC by collecting information from the table below Component Number Outstanding Current Market Price Market Value Balance Sheet Value $150,000,000 Debt 150,000 $1,075 $161,250,000 Preferred Stock $ 45,000,000 $ 40 1,500,000 4,500,000 $ 60,000,000 $ 205,065,000 Common Stock $180,000,000 $ 45.57 What is the Weighted Average Cost of Capital? A. 8.94% B.9.76% O C. 7.54% O OD. 10.1% O E. 7.89% O