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Charlottes Crochet Shoppe has 10,200 shares of common stock outstanding at a price per share of $63 and a rate of return of til3 percent.

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Charlottes Crochet Shoppe has 10,200 shares of common stock outstanding at a price per share of $63 and a rate of return of til3 percent. The company also has 320 bonds outstanding. With a par value of 51,000 per bond. The pretax cost of debt is 5.89 percent and the bonds sels for 936 percent of par. What is the firm's WACC if the taxiate is 21 percent? Multiple Choice 9.52% 9.93 * 8334 91426 849%

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