Bolster Foods' (BF) balance sheet shows a total of $25 million long-term debt with a coupon r ate of 8.50%. The yield to maturity on this debt is 8.00%, and the debt has a total current mar ket value of $27 million. The balance sheet also shows that the company has 10 million shar es of stock, and the stock has a book value per share of $5.00. The current stock price is $2 0.00 per share, and stockholders' required rate of return, rs, is 12.25%. The company recentl y decided that its target capital structure should have 35% debt, with the balance being com mon equity. The tax rate is 25%. Calculate WACCS based on book, market, and target capita I structures, and then find the sum of these three WACCs. Do not round your intermediate cal culations. a. 38.16% b. 31.08% c. 18.90% d. 12.68% e. 31.73%