Bolster Foods (BF) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%.

The yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million.

The balance sheet also shows that the company has 10 million shares of stock, and the stock has a book value per share of $5.00.

The current stock price is $20.00 per share, and stockholders' required rate of return, rs, is 12.25%.

The company recently decided that its target capital structure should have 35% debt, with the balance being common equity.

The tax rate is 40%. Calculate WACCs based on book, market, and target capital structures.