Given the following information, what is WBM Corporation's WACC?

• Common Stock: 1 million shares outstanding, $40 per share, $1 par value, beta = 1.3

• Bonds: 10,000 bonds outstanding, $1,000 face value each, 8% annual coupon, 22 years to maturity, market price = $1,101.23 per bond.

• Market risk premium = 8. 6%, risk-free rate = 4. 5%, marginal tax rate = 34%

	A.	12.19%
	B.	7.89%
	C.	9.90%
	D.	13.30%
	E.	15.78%