A firm is financed with a mix of risk-free debt (currently valued at 800,000) and equity (which has a current market value of 1,200,000). The risk-free rate is 8%, the firm's cost of equity capital is 14%. What is the firm's weighted average cost of capital (to the nearest 0.01%) () with no taxation and (11) If the firm's marginal tax rate is 40% and debt interest payments are tax deductible.? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a (1) 11.60% and (ii) 10.32% b (1) 10.40% and (ii) 8.48% (1) 11.60% and (11) 8.48% d None of the above. e (0) 10.40% and (II) 10.329 Unanswered