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Y.E. Coyote industries finances its projects with 20 percent debt, 30 percent Preferred Stock and 50 percent common stock, Based upon the information provided below,

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Y.E. Coyote industries finances its projects with 20 percent debt, 30 percent Preferred Stock and 50 percent common stock, Based upon the information provided below, what is the company's weighted average cost of capital? YE. Coyote Yield to Maturity of Bonds 8.20% Dividend of Preferred Stock $7.56 Dividend at time 0 (DO) $4.87 Constant Growth Rate of Common Stock (9) 4 Preferred Stock Price $91.88 Common Stock Price $53.04 Tax Rate 21% Multiple Choice 10.36% 9,89% 9.66%

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