Questions 16-28: What would be Lyft Inc (LYFT)'s weighted average cost of capital with this capital structure: 350 million shares of common stock with a market price of $44. Lyft's beta is 1.4. The current risk-free rate is 4% and the equity market risk premium is 7%. 80 million shares of preferred stock with a current price of $52 that pays $3.5 annual dividends. 8 million bonds with an 8% annual coupon rate (4% paid semi-annually), a 6% yield to maturity, with 12 years until maturity. These bonds are last traded for -116.94% of their $1,000 face value. The marginal corporate tax rate is 21%. QUESTION 21 2 points Save Answer What is the after-tax cost of debt? OA. 4.74% OB.13.80% C.6.73%