17.

Unida Systems has 55 million shares outstanding trading for $10 per share. In addition, Unida has $100 million in outstanding debt. Suppose Unidas equity cost of capital is 15%, its debt cost of capital is 8%, and the corporate tax rate is 40%.

Weighted average cost of capital is

Group of answer choices

13.54%

11.60%

13.92%

13.43%