3.Solve for the weighted average cost of capital. # K1 = 16.00 % = 5/6 8.0 40.0 % = cost of equity capital for a leveraged firm debt-to-total-market value ratio before-tax borrowing cost marginal corporate income tax rate i Group of answer choices 6.73 percent 7.00 percent 6.89 percent 6.67 percent 4.Solve for the weighted average cost of capital. 17.20 % = K1 6/7 = cost of equity capital for a leveraged firm debt-to-total-market-value ratio before-tax borrowing cost marginal corporate income tax rate 8.0 40.0 % = i % = Group of answer choices 6.89 percent 6.73 percent 6.57 percent 7.00 percent