Question 11 1 points Save Answer SIROM Scientific Solutions has $12 million of outstanding equity and $4 million of bank debt. The bank debt costs 4% per year. The estimated equity beta is 1. If the market risk premium is 8% and the risk-free rate is 4%, compute the weighted average cost of capital if the firm's tax rate is 30%. 9.70% 9.2296 10.67% 8.73% Moving to another question will save this response. Question 11 of 25 >>> RAAM Question 12 1 points Save Answer Assume Ford Motor Company is discussing new ways to recapitalize the firm and raise additional capital. Its current capital structure has a 25% weight in equity, 10% in preferred stock, and 65% in debt. The cost of equity capital is 13%, the cost of preferred stock is 9%, and the pretax cost of debt is 8. What is the weighted average cost of capital for Ford if its marginal tax rate is 40%? 7.27% 6.91 8.00% Moving to another question will save this response. Nuestion 17 of 25)