Given the Following Information for Electric Transport, Find the WACC

Multiple Choice

Given the following information for Electric Transport, find the WACC.Assume the company's tax rate is 35 percent.
Debt:8,100, 6.9 percent coupon bonds outstanding.$1,000 par value, 17 years to maturity, selling for 101 percent of par, the bonds make semiannual payments.
Common stock: 175,000 shares outstanding, selling for $77 per share, beta is 1.32.
Preferred stock:9,000 shares of $7.50 preferred stock outstanding, currently selling for $73 per share.
Market: 7.9 percent market risk premium and 3.6 percent risk-free rate.

A) 10.4 percent
B) 12.0 percent
C) 12.4 percent
D) 11.1 percent
E) 9.8 percent