1.Daniels Incorporated has 210,000 shares outstanding at a market price of $36.00 per share.Lata month, Daniels paid an annual dividend in the amount of $1.593 per share.The dividend growth rate is 4%.Daniels also has 6000 bonds outstanding with a face value of $1000 per bond.The bonds carry a 7% coupon, pay interest annually and mature in 4.89 years.The bonds are currently selling at 99% of face value.The company's tax rate is 34%.What is Daniels WACC?

a.5.3%

b.5.8%

c.6.3%

d.6.9%

e.7.2%