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The market value of Fordsequity, preferred stock and debt are $6 billion, 54 bilion and $11 billon respectively. Ford has a beta of 13, the

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The market value of Fordsequity, preferred stock and debt are $6 billion, 54 bilion and $11 billon respectively. Ford has a beta of 13, the market risk premium is 8% and the risk-free rate of interest is 5%. Ford's preferred stock pays a dividend of $5 each year and trades at a price of $26 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 25%? O A 11.39% OB 10.79% OC 11.99% OD 10.19%

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