The market value of Fords' equity, preferred stock, and debt are $7 billion, 53 billion, and $11 billion, respectively. Ford has a beta of 1.1, the market risk premium is 8%, and the risk-free rate of interest is 5%. Ford's preferred stock pays a dividend of $2 each year and trades at a price of $28 per share. Ford's debt trades with a yield to maturity of 7.5%. What is Ford's weighted average cost of capital if its tax rate is 30%? O A 10.04% OB 8.37% OC. 8.79% OD 9.21%