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Wildcat Enterprises has 34,500 shares of common stock outstanding at a price per share of $84 and a rate of return of 12.75 percent. The

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Wildcat Enterprises has 34,500 shares of common stock outstanding at a price per share of $84 and a rate of return of 12.75 percent. The firm has 7,550 shares of 8.30 percent preferred stock outstanding at a price of $97.50 per share. The preferred stock has a par value of $100. The outstanding debt has a total face value of $419,000 and currently sells for 113.5 percent of face. The yield to maturity on the debt is 8.23 percent and the bonds have a coupon rate of 5.6 percent. What is the firm's weighted average cost of capital if the tax rate is 35 percent? Multiple Choice 10.55% O O 10.32% 11.47% O O 10.75% O 11.13%

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