Using the following information calculate the WACC of Aqua Ltd. - The company has 0.3 million shares outstanding at a price of $92 per share. The beta of common stock of is 1.2 . The risk-free rate is 5% and the market risk premium is 7%. - The company issued 11% preference shares with a total value of $25 million. - The company issued 9% bonds of $33.6 million. The company pays corporate tax at 40 percent. A. 9.59% B. 9.89% C. 10.99% D. d. 8.35%