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The risk free rate is 5.44 and the market risk premium is 3.06. A firm recently paid a ( $ 3.22 ) prefered stock dividend

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The risk free rate is \5.44 and the market risk premium is \3.06. A firm recently paid a \\( \\$ 3.22 \\) prefered stock dividend per share while its price is \\( \\$ 100 \\) per share. The firm's \6.65 coupon bond issue trodes at \\( \\$ 976 \\) and matures in 10 years. The firm's beta is 1.20. The firm's tax rate is \23. The firm's capital structure for its common stock, preferred stock and debt (bond) is \50 and \25 respectively. What is the Weighted Average Cost of Capital? Muliple Choice 7110 \9.97 \6.03

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