QUESTION 10 10 points Save Answer Milner Sisters has 25,000 shares of common stock outstanding at a market price of $48 a share. The common stock just paid a $2.20 annual dividend and has a growth rate of 2.5 percent. There are 12,000 shares of 6 percent preferred stock outstanding at a market price of $62 a share. The outstanding bonds mature in 13 years, have a total face value of $750,000, a face value per bond of S1,000, and a market price of $1,011.92 each. The bonds pay 7 percent interest, semiannually. The tax rate is 34 percent. What is the firm's weighted average cost of capital? A.7.13 percent B. 7.39 percent C.744 percent D.7.82 percent E.7.91 percent