Time Womer shares have a market capitalization of $50 bilion. The company is expected to pay a dividend of 0.40 per share and each share trades for $20 The growth rate in dividends is expected to be 5% per year. Also, Time Warner has $20 billion of debt that trades with a yield to maturity of 8%. If the firm's tax rate in 35% what is the WACC? OA. 7.13% OB. 6.16% O C. 6.49% OD 5.51%