Question: D Question 28 3.34 pts Universal Digital, Inc. has a target capital structure of 65% common stock, 10% preferred stock, and 25% debt. It has

D Question 28 3.34 pts Universal Digital, Inc. has a target capital structure of 65% common stock, 10% preferred stock, and 25% debt. It has a cost of equity using the CAPM of 12.0%, the preferred stock has a dividend stated rate of 3.0% and its current market yield is 3.5%, and it's outstanding bonds have a coupon of 7.0% and a yield to maturity of 7.5%. The company's tax rate is 25%. What is the company weighted average cost of capital

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