Assume that you are on the financial staff of Vanderheiden Inc., and you have collected the following data: The yield on the company's outstanding bonds is $8\%,$ its tax rate is $20\%,$ the next expected dividend $(D_1)$ is $$1\mathrm{.}25$ a share, the dividend is expected to grow at a constant rate of $6\mathrm{.}00\%$ a year, the price of the stock is $$15\mathrm{.}00$ per share, the flotation cost for selling new shares is $F=15\%,$ and the target capital structure is $45\%$ debt and $55\%$ common equity. What is the firm's WACC, assuming it must issue new stock to finance its capital budget?

a$.11\mathrm{.}57\%$

b$.11\mathrm{.}90\%$

c$.11\mathrm{.}71\%$

d$.11\mathrm{.}82\%$

e$.11\mathrm{.}43\%$