Use the following data to answer Question 16: Luna Fifield, CFA, is reviewing MBC Company's financial statements. MBC's long-term debt total $35 million, while total shareholder equity equals $140 million. MBC's long-term debt consisting of 15-year bonds making semiannual coupon payments of $60 with a par value of $1000. Each bond was sold for $1244.33. MBC's tax rate is 40% and its beta is 0.9. Luna gathers the following additional facts: Treasury bills earn 4.0%. The risk premium of the stock is 4.05%. 10 points 16. Based on the information provided. MBC's weighted average cost of capital is closest to: A. 6.17% O B.4.31% O C.3.80% D.7.2% A E. None of the above