ABC Corporation has $100 million in debt outstanding. The debt has 4 years to maturity and a 6% coupon. The debt has a par value of $1,000 per bond and interest is paid semi-annually. The current price of the bond is 105.25 as a percent of par. The company has 10 million of stock outstanding with a market price of $25 per share. The stock has a beta of 1.24 with the market. The company is in the 25% tax bracket and the risk-free rate is 4% with a 6% market risk premium. What is the weighted average cost of capital (WACC) for ABC Corporation?

A. 12.82%

B. 9.15%

C. 14.32%

D. 5.12%