YJ Med has a pretax cost of debt of 7.6 percent, a cost of equity of 15.3 percent, and a cost of preferred stock of 9.2 percent. The firm has 215,000 shares of common stock outstanding at a market price of $29 a share. There are 15,000 shares of preferred stock outstanding at a market price of $62 a share. The bond issue has a face value of $970,000 and a market quote of 103. The company's tax rate is 21 percent. What is the weighted average cost of capital?

Group of answer choices

15.33 percent

12.59 percent

13.47 percent

14.58 percent

11.90 percent