Suppose Harrier Inc. has the following information, what is its weight of debt? It has a $37\%$ corporate tax rate, a WACC of $13\mathrm{.}85\%,$ and is funded as follows.

$$100,000,000$ equity with a return of $16\%$

debt with a $11\%$ pre$-$tax cost

$$32,000,000$ preferred with a $13\%$ cost of preferred

Question $12$ options:

a$)$

$$32$ million

b$)$

$$44$ million

c$)$

$$38$ million

d$)$

$$26$ million