This question. SHOW me how to solve it step by step with the use of a financial calculator or scientific calculator. show solution in a way a novice can understand #3 question is the one I need help with. I REPEAT do not POST an excel spreadsheet.

3. Jabila Corporation is an all equity company with common and preferred shares. There are 600,000 common shares outstanding. Currently the common shares have price share and have consistently provided a $3 per share dividend. There are 75,000 8% preferred shares outstanding, with a stock price of $100 per share. Given this information, calculated the company's WACC. A. 12.35% B. 13.45% C. 14.55% D. 15.65%