A firm has a market value of $450 million, $150 million of which is debt. Its equity beta is 1.5 and the beta of the debt is 0.2. The firm pays taxes at the marginal rate of 35%. The expected return on the market is 11%, and the relevant risk-free rate is 3%, what is the firm's WACC? Round your answer to the nearest tenth of a percent. A 11.0% B 7.2% c 11.0% D 18.0% A firm has a market value of $9 million, $1 million of which is debt. Its equity beta is 1.1, and the firm's debt is considered risk-free. The firm pays taxes at the marginal rate of 35%. The expected return on the market is 10%, and the relevant risk-free rate is 3%, what is the firm's WACC? Round your answer to the nearest tenth of a percent. 6 A 9.7% B 6.5% C 10.0% D 12.7% f interaction effects make it difficult for a firm to adjust its capital structure based on prew neressarily optimal today in ord