-9 ed ut of The following information relates to the Atlantic Division of Ocean Enterprises: Interest rate on debt capital: 6.7% Cost of equity capital: 10.3% Market value of debt capital: $49 million Market value of equity capital: $81 million Income tax rate: 30% question On the basis of this information, Atlantic's weighted average cost of capital is: O a. 8.19% O b. 8.94% O c. 7.50% O d. 8.50% O e. 6.89%