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Assume that you are on the financial staff of McNulty Corporation, and you have collected the following data: ( 1 ) The yield to maturity

Assume that you are on the financial staff of McNulty Corporation, and you have collected the following data: (1) The yield to maturity on the company's outstanding 10% annual coupon bonds is 8%, and its tax rate is 25%.(2) The risk-free rate is 3.0%, the market risk premium (rM - FRF) is 5.0%, and the firm's beta is 1.15.(3) The firm's capital structure consists of 45% debt and 55% equity. What is McNulty's WACC? 7.51%O 8.19%08.41%08.80%09.31%

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