Collins Group

Assets

Current assets

Net plant, property, and equipment

Total assets

Liabilities and Equity.

Accounts payable

Accruals

Current liabilities

Long$-$term debt $(40,000$ bonds, $$1,000$ par value$)$

Total liabilities

Common stock $(10,000,000$ shares$)$

Retained earnings

Total shareholders' equity

Total liabilities and shareholders' equity

$$10,000,000$

$9,000,000$

$$19,000,000$

$40,000,000$

$$59,000,000$

$30,000,000$

$50,000,000$

$80,000,000$

$=$$$139,000,000$

Refer to the data for the Collins Group. What is the best estimate of the firm's WACC?

a$.12\mathrm{.}13\%$

b$.11\mathrm{.}08\%$

c$.12\mathrm{.}49\%$

d$.11\mathrm{.}77\%$

e$.11\mathrm{.}42\%$