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flagstaff enterprises has free cash flow of $10 million in 2018, and this fr

flagstaff enterprises has free cash flow of $10 million in 2018, and this free cash flow is expected to grow at a rate of 5% per year forever. There is no excess cash holding on the balance sheet. Flagstaff has an equity cost of capital of 15%, a debt cost of capital of 8% and it is in the 20% corporate tax bracket. If flagship maintains a 1.3 debt to equity ratio, then flagstaffs weighted average cost of capital at the beginning of 2019 is closest to (please show work on how you solved for it)a) 10%B) 15%C) 8%D) 11%

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