14. The firm has a target debt-equity (D/E) ratio of 0.76. Its cost of equity is 15.3 percent, and its pretax cost of debt is 9 percent. What is the WACC given a tax rate of 21 percent? A) 11.76 percent B) 12.78 percent C) 13.11 percent D) 11.48 percent E) 12.53 percent