Table 9.3 Balance Sheet

Table 9.3
Balance Sheet
General Talc Mines
December 31, 2003
-General Talc Mines has compiled the following data regarding the market value and cost of the specific sources of capital. Market price per share of common stock $50 Market value of long-term debt $980 per bondThe weighted average cost of capital using market value weights is ________.(See Table 9.3)

A) 11.7 percent.
B) 13.5 percent.
C) 15.8 percent.
D) 17.5 percent.