09: The Toe Company has total assets of $20,000 and total debt of $8,000. The yield-to-maturity on its bonds is 9%. The cost of capital with no debt is 15%. The tax rate is 34%. What is the WACC? a) 8.64% b) 10.58% c) 10.88% d) 11.39% 0) 12.96% E