Vandalay Industries has $30 million of debt, $10 million of preferred stock, and $60 million of common stock outstanding. The market cost of debt is 8%, the cost of preferred is 9%, and the cost of common equity is 14%. The firm has a 35% corporate tax rate. What is Vandalay's WACC? Multiple choice question. 10.86% 9.77% 11.10% 10.68%