Jake's Sound Systems Has 210,000 Shares of Ordinary Equity Outstanding

Jake's Sound Systems has 210,000 shares of ordinary equity outstanding at a market price of £36 a share.Last month,Jake's paid an annual dividend in the amount of £1.593 per share.The dividend growth rate is 4%.Jake's also has 6,000 bonds outstanding with a face value of £1,000 per bond.The bonds carry a 7 % coupon,pay interest annually,and mature in 4.89 years.The bonds are selling at 99% of face value.The company's tax rate is 34%.What is Jake's weighted average cost of capital?

A) 5.3%
B) 5.8%
C) 6.3%
D) 6.9%
E) 7.2%