Golden Eagle has 1,500 bonds outstanding with a $1,000 par value, a 5 percent coupon, 14 years to maturity, semiannual interest payments, and a market price equal to 98 percent of par. The firm also has 50,000 shares of common stock outstanding at a price per share of $43 and a beta of 1.1. The risk-free rate is 3 percent, the market risk premium is 7.5 percent, and the tax rate is 35 percent. What is the firm's WACC?

a	9.03%
b	8.79%
c	8.54%
d	8.05%
e	8.18%