The expected return on the market is 12.77%, the risk-free rate is 4.80%, and the tax rate is 23.00%. Semper Fun Sports has 300,000 common shares outstanding that are priced at $40.20 per share and have an expected return of 17.50% and an expected real return of 14.52%. Last year, Semper Fun Sports common stock had a return of 11.09%. The company also has 400,000 shares of preferred stock outstanding that are priced at $15.91 per share and have an

The expected return on the market is 12.77% the risk-free rate is 4.80%, and the tax rate is 23.00%. Semper Fun Sports has 300.000 common shares outstanding that are priced at $40.20 per share and have an expected retum of 17.50% and an expected real return of 14,52%. Last year, Semper Fun 5 ports common stock had a return of 11.09%. The compary also has 400,000 shares of preferred stock outstanding that are priced at $15.91 per share and have an eapected return of 13.99% and an expocted real return of 11,17\%. Last year. Sermper Fon 5 ports preferred stock had a return of 8.59%. Finally, the company has to,000 bonds outstanding with a coupon rate of 9.95% yieid to maturity of 4.22%, current yield of 8.47%, face value of $1,000.00, and price of $1,220.00. What is the weighted average cost of capieal for Semper Fun Sports? 1064% (Dhs or minus 0.02 percent) 11.48% (ghus or minus 002 porcenn) 11.09 (plus of miners 0.02 porcent) 1240% (plis or merus 062 percent) None of the abore is witten, 02 percontage points of the contect arswer