A company has $275 million of debt and 39 million common shares outstanding worth $16.2 each. you estimate the company could issue new debt at an interest rate of 3.3%. The company's tax rate is 20.4%, beta is 1.4, the risk-free rate is 1.1% and the expected market return is 6.0%. what is the company's weighted average cost of capital (WACC)? O a. 8.1% O b. 5.2% c. 6,3% d. 8.8% 7 8%

A company has $275 million of debt and 39 million common shares outstanding interest rate of 3.3%. The company's tax rate is 20.4%, beta is 1.4 , the risk-free weighted average cost of capital (WACC)? a. 8.1% b. 5.2% c. 6.3% d. 8.8%