Western Electric has 32,500 shares of cornmon stock outstanding ot a price per share of $80 and a rate of return of 12.95 percent. The flrm has 7.350 shares of 7.90 percent preferred stock outstanding at a price of $95.50 per share. The preferred stock has a por vatue of $100. The outstinding dobt hos a total face value of $407,000 and currently sells for 111.5 percent of face. The yield to maturity on the debt is B.11 percent. What is the firm's weighted average cost of capltal if the tax rate is 25 percent? Multiple Choice 1086% 11.25% 10.42% 11.49%