[单选题]

An analyst gathered the following data about a company:
  Capital structure   Required rate of return
  30% debt        10% for debt
  20% preferred stock    11% for preferred stock
  50% common stock    18% for common stock
Assuming a 40% tax rate, what after-tax rate of return must the company earn on its investments?

A.13.0%.

B.14.2%.

C.18.0%.

参考答案与解析: