The company "My Students Ltd" has the following outstanding securities; 1,000,000 outstanding common shares, and the price of the common stock is $20.00 per share and, also has 10,000 bonds with a face value of $1,000. The bond is selling at par with a coupon rate of 8.50%. It also has 100,000 preferred shares that pays $7.50 per share, and its market share price is $48.00 per preferred share. Find the Weighted Average Cost of Capital (WACC) if the corporate tax rate (TC) is 30.00% and the common stock pays $2.00 per common share. 0.0961 0.0965 0.0956 0.0859