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 7.75%, its tax rate is 40%, the next expected dividend is $0.65 a share, the dividend is expected to grow at a constant rate of 6.00% a year, the price of the stock is $15.00 per share, the flotation cost for selling new shares is F-10%, 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. 7.6496 b. 7.26% ?c. 8.44% O d. 8.0496 e. 6.89%