Company Omega currently has 20,000 bonds outstanding. The bonds coupon rate is 9%. The coupons are paid semiannually. The par value of the bonds is $1000 per bond. The bonds will mature in 15 years and are currently priced at $960 per bond.The firm also has 900,000 shares of preferred stock outstanding with a market price of $10.00 per share. The preferred stock offers an annual dividend of $1.20 per share.The firm also has 2 million shares of common stock outstanding with a price of $25.00 per share. The firm is expected to pay a $0.20 per share common dividend one year from today, and that dividend is expected to increase by 7 percent per year forever.The firm typically pays flotation costs of 2% of the price on all newly issued securities.Assume you need to calculate the WACC for this firm. What are the firm's market value weights of the three financing components?

A.the weight for cost of debt is 24.552%; the weight for cost of preferred stock is 11.509%; the weight for cost of common stock is 63.939%.

B.the weight for cost of debt is 44.552%; the weight for cost of preferred stock is 11.509%; the weight for cost of common stock is 43.939%.

C.the weight for cost of debt is 34.552%; the weight for cost of preferred stock is 1.509%; the weight for cost of common stock is 63.939%.

D.the weight for cost of debt is 24.552%; the weight for cost of preferred stock is 31.509%; the weight for cost of common stock is 43.939%.