The next two questions are based on the following information Westhills is a MNC with a corporate-wide long-term debt to equity ratio of 0.56. Westhills prefers to issue corporate bonds at a post-tax cost of 8.32%, and a cost of common equity capital of 15.85%. The MNC is interested in pursuing an offshore project. The debt capacity of the offshore project is 42% and the required return on equity is 14.48% stemming from a levered beta of 0.40154. What is the weighted average cost of capital (WACC) of the project? a. 11.893% b. 13.147% c. 12.687% d. 13.058% e. None of the options in this question are correct