Your firm's financials are as follows:

Debt value = $220 million

Market Cap = $180 million

Yield to maturity on ABC Corp bonds = 6.0%

Tax rate = 21%

You look up Zoom's financials online and find the following:

Debt Value = $2 billion

Market Cap = $94 billion

Equity Beta = -0.4

Use the following CAPM inputs:

Current T-bill yield = 0.1%

Market Risk Premium = 6%

What is the WACC of your videoconferencing project?

A. 1.2%

B. 3.4%

C. 0.3%

D. 2.3%

E. -1.1%