19 seconds. Question Completion Status: Moving to another question will save this response. Question 12 of 3 Question 12 3 points SORA Jack's Construction Co. has 80.000 bonds outstanding that are selling at par value. Bonds with similar characteristics are yielding 9.75 percent. The company also has 4 million shares of common stock outstanding. The stock has a beta of 1.1 and sells for 540 a share. The US Treasury billis yielding 4 percent and the market risk premium is 8 percent. Jack's tax rate is 35 percent. What is Jack's weighted average cost of capital? 11.37 percent Ob. 10.38 percent 7.39 percent Od 10.65 percent O 7.10 percent Moving to another question will save this response Question 12 of 36 Di a HD DO 12 8 3 5 4 6 7 8 9 0