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Source Weight Cost Common Stock 30% 22% Preferred Stock 15% 18% Debt 55% 7.5% after-tax (tax rate = 25%) Athena Manufacturing is particularly worried about

Source Weight Cost Common Stock 30% 22% Preferred Stock 15% 18% Debt 55% 7.5% after-tax (tax rate = 25%) Athena Manufacturing is particularly worried about inflation, which is 9%. What is Athenas WACC?

a. 7.43%

b.12.39%

c.13.43%

d. 14.80%

e. 19.43%

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