Assume that the current stock price of a company is $40 per share. The company declares a cash dividend of $5 for the next year which is expected to grow by 2% per year forever. If the company is 55% debt financed with a pre-tax cost of debt of 12%, its weighted average cost of capital (WACC) for a 30% tax rate is closest to: Select one: a. 969.15 b. %10.25 C. 9411.15 d. \%13.13