Related to Checkpoint 14.1) (Weighted average cost of capital) The target capital structure for QM Industries is 39 percent common stock, 8 percent preferred stock, and 53 percert debt if the cost of common equity for the fim is 17 9 percent the cost of preferred stock is 10.2 percent,the before tax cost of debt is 7 4 percent, and the frm's tax rate s 35 percent what is QM's weighted average cost of capital? ors weighted average cost of capitalist)% (Round to three decmal places)