Dashy-Paints Corporation has a target capital structure of 45% debt, 15% preferred stock, and 40% common stock. Its before-tax cost of debt is 8.5%, preferred stock cost is 10.2%, and its marginal tax rate is 40%. The current stock price is $22.00. The last dividend was at 3.25, and is expected to grow at a 5% constant rate. What is the firms WACC?

A.		13.56%
B.		13.00%
C.		11.32%
D.		12.03%
E.		10.16%