Consider a Company with debt and equity of 20,000 and 50,000respecteively . A Company enjoy a 12% interest rate for its liability . The market have a beta of 2.45. The risk free rate is at 5%, while the equity premium is 4%. The tax rate is at 30%. compute for WACC

a. 13.56%

b. 11.93%

c.10.70%

d. 10.93%