You were hired as a consultant to Dundee Company, whose target capital structure is 35% debt. 10% preferred, and 55% common equity. The effective post-tax interest rate on new debt is 4.88%, the vield on the preferred is 9.67%, the cost of retained earnings is 14.25%, and the tax rate is 35%. The firm will not be issuing any new stock. What is Dundee's WACC? 7.02% 06.83% 9.60% 10.519 09.91%