A firm's common stock is currently trading at $75 per share. Expected dividend to be paid at the end of coming year is $5. Firm's dividends have been growing at a constant rate. Its dividend 5 years ago was $3.10 It is expected that to sell, the issue must be underpriced by $2 per share and the firm must pay $1 of flotation cost. Firms wants to maintain a capital structure of 60% debt and 40% equity. What is firm's weighted average cost of capital.

A.)12.1%

B.)11.6%

C.)10.9%

D.)8.85%