Bolster Foods' (BF) balance sheet shows a total of $26 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 $32 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 $9.00. The current stock price is $25.00 per share, and stockholders' required rate of return, r_s, is 10.25%. The company recently decided that its target capital structure should have 45% debt, with the balance being common equity. The tax rate is 25%. Calculate WACCs based on book, market, and target capital structures, and then find the sum of these three WACCs. Do not round your intermediate calculations.

a. 28.98%

b. 23.31%

c. 27.40%

d. 21.73%

e. 27.70%