w Instructions Question 13 1 pts New York Life Insurance capital structure consists of 20% common stock, 50% preferred stock and 30% of debt. The cost of common stock is 15% and cost of debt is 6%. The tax rate is 20%. What should be the cost of preferred stock to maintain the WACC at 14.90%? O 19.87% O 19.66% O 21.97% 0 20.92% 21.55% ing your screen. Stone