ABC is considering an expansion project. ABC has net debt of $100,000 and equity of $300,000. The expected market risk premium is 8% and the risk free rate is 4%. If the beta for ABC's equity is .75, the return on debt is 5% and the tax rate is 25%, what is the weighted average cost of capital for ABC? 8.44% 6.84% 9.98% 11.53% 13.08% ABC is considering an expansion project. ABC has net debt of $100,000 and equity of $300,000. The expected market risk premium is 8% and the risk free rate is 4%. If the beta for ABC's equity is .75, the return on debt is 5% and the tax rate is 25%, what is the weighted average cost of capital for ABC? 8.44% 6.84% 9.98% 11.53% 13.08%