19) The Salisbury Stake Company wants to buy a new robotic wood lathe. They have a target debt/equity ratio of 3. Their equity has a dividend yield of 3%, and a growth rate for dividends of 3%. They were able to issue new debt for their project with a 6% coupon rate, which sold at par upon issuance. If their tax rate is 20%, then their WACC is: A) 3.5% B) 4.0% C) 5.1% D) 5.6% E) 6.0%