The Patrick Company's cost of common equity (r) is 16%, its before tax cont of debt and its marginal tax rate is 20. The stock that perdre and bonds sell at $900 per bond. Assets Liabilities and Equity Cash STOQ000 Account Receivable 5300,000 Long term debt par voie $1000 2.000.000 Inventories $400,000 Common stock (par vale511 5200,000 Plant and equipment net 54,200,000 Retained earnings $200.000 Total assets $5.000.000 Total liabilities and equity $5.000.000 What is Patricks WACC it the capital structure is based on market value? Select one: a. 12.16% O b. 14.27% c. 14.56% d. 12.80% e. 13.88%