A company has target capital structure of 65% equity and 35% debt. The weighted average Yield-to-Maturity of outstanding bonds is 7.6% and the company's tax rate is 28%. If the company's common stock beta is 1.2 and the risk-free rate and expected return on the market are 1.7% and 7.8%, respectively, what is your estimate of the company's weighted-average cost of capital? 8.82% 7.78% 8.02% 9.10%