You were hired as a consultant to Glambono company, whose target capital structure is 40% debt, 15% preferred, and 45% common equity. The after-tax cost of debt is 7.00%, the cost of preferred is 7.50%, and the cost of retained earnings is 12.00%. The firm will not be issuing any new stock. What is its WACC? 8.9396 (B) 7.59% (c) 9.33% (D) 7.68% (E) 6.6996