C is not 10.26%.

I will rate with correct answer!

Type of Book Value Market Value Cost Financing Short-term debt $ 14,800,000 $ 13,900,000 41% Long-term debt 41,000,000 35,600.000 72 Common stock 11,800,000 96.000.000 13.0 Total $67,600,000 $145,500,000 The company is in the 24 percent tax bracket and has a target debt-equity ratio of 65 percent. The target short-term debtlong-term debt ratio is 15 percent. a. What is the company's weighted average cost of capital using book value weights? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What is the company's weighted average cost of capital using market value weights? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 3216.) c. What is the company's weighted average cost of capital using target capital structure weights? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.. 32.16.) a. Weighted average cost of capital b. Weighted average cost of capital c. Weighted average cost of capital 6.27% 10.21% 10.26% d. Which is the correct WACC to use for project evaluation? Market weights Target weights Book weights