urgent The market value of Fords' equity, preferred stock, and debt are $ 8 billion, $ 3 billion, and $ 11 billion, respectively. Ford has a beta of 1.2, the market risk premium is 7%, and the risk-free rate of interest is 5%. Ford's preferred stock pays a dividend of $ 4 each year and trades at a price of $ 26 per share. Ford's debt trades with a yield to maturity of 8.5%. What is Ford's weighted average cost of capital if its tax rate is 35%?