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7- (2 points) The ABC Co. has an EBIT of $1,200, an unlevered cost of capital of 11%, and debt of $2,750. The cost of

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7- (2 points) The ABC Co. has an EBIT of $1,200, an unlevered cost of capital of 11%, and debt of $2,750. The cost of debt is 7.25%. If the tax rate is 31%, what is the WACC of ABC Co.? A) 9.88% B) 10.56% C) 11.35% D) 12.47% E) 13.86%

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