The market value of Ford's debt, preferred stock and equity are $1.5 billion, $1 billion, and S6 billion, respectively. Ford has a beta of 1.5, the market risk premium is 8%, and the risk-free rate of interest is 4%. Ford's preferred stock pays a dividend of $3.50 each year and trades at a price of $30 per share Ford's debt trades with a yield to maturity of 95% What is Ford's WACC if its tax rate is 21%? O 13.27% 13.99% 13.629 0 14 129