Flagstaff Enterprises is expected to have free cash flow in the coming year of $8 million, and this free cash flow is expected to grow at a rate of 3% per year thereafter. Flagstaff has an equity cost of capital of 13%, a debt cost of capital of 7%, and it is in the 35% corporate tax bracket. If Flagstaff currently maintains a .5 debt to equity ratio, then Flagstaff's after tax WACC is closest to: A. 10.00% B. 8.75% C. 10.20% D. 9.50%