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The expected return on the market is 12.39%, the risk-free rate is 4.90%, and the tax rate is 24.00%. Semper Fun Sports has 300,000 common

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The expected return on the market is 12.39%, the risk-free rate is 4.90%, and the tax rate is 24.00%. Semper Fun Sports has 300,000 common shares outstanding that are priced at $42.90 per share and have an expected return of 16.79% and an expected real return of 14.09%. Last year, Semper Fun Sports common stock had a return of 11.06%. The company also has 400,000 shares of preferred stock outstanding that are priced at $15.18 per share and have an expected return of 13,62% and an expected real return of 11.49%. Last year, Semper Fun Sports preferred stock had a return of 8.23%. Finally, the company has 10,000 bonds outstanding with a coupon rate of 9.32%, yleld-to-maturity of 4.98%, current yleld of 8.02%, face value of $1,000.00, and price of $1,180,00. What is the weighted average cost of capital for Semper Fun Sports O 11.17% (plus or minus 0.02 percent) 12.06% (plus or minus 0.02 percent) 10.51% (plus or minus 0.02 percent) 11.63% (plus or minus 0.02 percent) None of the above is within .02 percentage points of the correct answer The expected return on the market is 12.39%, the risk-free rate is 4.90%, and the tax rate is 24.00%. Semper Fun Sports has 300,000 common shares outstanding that are priced at $42.90 per share and have an expected return of 16.79% and an expected real return of 14.09%. Last year, Semper Fun Sports common stock had a return of 11.06%. The company also has 400,000 shares of preferred stock outstanding that are priced at $15.18 per share and have an expected return of 13,62% and an expected real return of 11.49%. Last year, Semper Fun Sports preferred stock had a return of 8.23%. Finally, the company has 10,000 bonds outstanding with a coupon rate of 9.32%, yleld-to-maturity of 4.98%, current yleld of 8.02%, face value of $1,000.00, and price of $1,180,00. What is the weighted average cost of capital for Semper Fun Sports O 11.17% (plus or minus 0.02 percent) 12.06% (plus or minus 0.02 percent) 10.51% (plus or minus 0.02 percent) 11.63% (plus or minus 0.02 percent) None of the above is within .02 percentage points of the correct

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