XYZ Company holds 30% Debt, 30% Preferred stock, 40% Common stock. Interest rate on debt is 7.50%. Price of preferred stock is $90, and dividend on preferred stock is $6.00. Company just paid dividend of $2.50 on Common stock and price of Common stock is $30. Dividend on common stock grows at 5%. Company pays tax at 40%. Calculate the WACC of XYZ Company. a) 9.75% b) 8.85% c) 7.58% d) 9.58%