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The market value of Fords' equity, preferred stock, and debt are $7 bilion, $3 billion, and $11 billion, respectively. Ford has a beta of 1.5,

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The market value of Fords' equity, preferred stock, and debt are $7 bilion, $3 billion, and $11 billion, respectively. Ford has a beta of 1.5, the market risk premium is 7%, and the risk-free rate of interest is 4%. Ford's preferred stock pays a dividend of $3 each year and trades at a price of $29 per share. Ford's debt trades with a yiold to maturity of 7%. What is Ford's weighted average cost of capital if its tax rate is 36%? O A 8.69% B. 10.43% OC. 9.13% OD. 9.56%

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