The market value of Fords' equity, preferred stock and debt are 57 billion, $5 billion and $11 billion respectively. Ford has a beta of 1.5, the market risk premium is 8% and the risk-free rate of interest is 3%. Ford's preferred stock pays a dividend of S4 each year and trades at a price of $25 per share. Ford's debt trades with a yield to maturity of 10%. What is Ford's weighted average cost of capital if its tax rate is 35%? O A 10.04% OB. 9.48% O C. 11.15% OD 10.59%