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A particular company currently has the following mix of financing available: Cost of Capital 10% Amount of Capital Short-Term Debt $70,500 Long-Term Debt 8% $84,500

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A particular company currently has the following mix of financing available: Cost of Capital 10% Amount of Capital Short-Term Debt $70,500 Long-Term Debt 8% $84,500 Common stock 12% $105,450 $90,000 Retained earnings 9% What is this company's current weighted average cost of capital? 39.00% 10.62% O 9.75% 9.86% O 8.91%

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