Siebling Manufacturing Company's common stock has an expected return of 15% and a beta of 2.2. If the expected risk-free return is 2%, what is the expected market return? D.(1 + 9) Cost of common equity: Kes = +9 Pes Return or Cost of common equity: En) = ry + B [E(TM) - ] Dps Cost of Preferred Stock: Tips = Value of Preferred Stock WACC = Wa Kd(1-T) + Wes Kcs + Wps Kps ErPortfolio) = [W x E(r)] + [W, E(r)] + [W3 E(13)] + ... + W. x Ern)] Portfolio = + Wo + 2W W22140102 W?g BPortfolio =W.B.+W2B2+...+W.BR QAccounting beak. Total Fixed Costs (F) Price per Variable Cost Unit (P) per Unit() Total Fixed Costs (F) Contribution Margin per Unit Qash break-even Fixed Operating Costs Other Than Depreciation per Year Price per Variable Cost Unit (P) per Unit (V) Total Fixed Costs (F)-Depreciation Contribution Margin per Unit DOL %Change in Net Operating Income (NOI) % Change in Sales 7.9% 6.7% 10.0% 10.7%