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57) The Two Dollar Store has a cost of equity of 12.2 percent, the YTM on the company's bonds is 5.9 percent, and the tax

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57) The Two Dollar Store has a cost of equity of 12.2 percent, the YTM on the company's bonds is 5.9 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is .57 , what is the weighted average cost of capital? A) 7.91% B) 8.63% C) 9.66% D) 9.46% E) 6.68%

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