Calculate WACC given the following information:

Total Value of Common Stocks (CS) $100,0000 Cost of Equity (common stocks) 0.19

Total Value of Preferred Stocks (PS) $100,000 Cost of Preferred stock 0.11

Total Value of Debt (D) $500,000 Pre-tax Cost of Debt 0.07

Tax rate (t) 0.3

A) none are correct

B) 16.11%

C) 14.09%

D) 12.87%

E) 9.16%