Mullineaux Corporation Has a Target Capital Structure of 41 Percent

Mullineaux Corporation has a target capital structure of 41 percent common stock, 4 percent preferred stock, and 55 percent debt. Its cost of equity is 19 percent, the cost of preferred stock is 6.5 percent, and the pre-tax cost of debt is 7.5 percent. What is the firm's WACC given a tax rate of 34 percent?

A) 9.87 percent
B) 10.43 percent
C) 10.77 percent
D) 13.38 percent
E) 15.17 percent