The following financial information is provided by ABC company. MV of Equity $6 billion MV of Preferred Stocks $2 billion MV of debt $13 billion Beta 1.7 Market risk premium 8% 3% Risk free rate Tax-rate 30% The current market price of preferred stock of the company is $30. The company pays an annual preferred dividend of $4 per share. The debt of the company has 8 percent yield to maturity. The WACC of ABC company is equal to: 11.38% O 9.48% 9.95% O 10.43%