Bouncing Baby Foods' balance sheet show a total of $20 million long term debt with a coupon rate of 8%. The yield to maturity not his debt is 10% and the debt has a total current market value of $17.4 million. The balance sheet also shows that the company has 10 million shares of stock and total common equity (common stock plus retained earnings) is $30 million. The current stock price is $3.35 per share, and stockholders' required rate of return, Rs, is 12.32%. The company has no preferred stock outstanding. The company recently decided that its target capital structure should have 50% debt, with the balance being common equity. The tax rate is 40%. Calculate WACC based on target, book, and market value capital structures. (show all work)