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Charlottes Crochet Shoppe has 12.500 shares of common stock outstanding at a orice per share of $69 and a rate of return of 11.37 percent.

Charlottes Crochet Shoppe has 12.500 shares of common stock outstanding at a orice per share of $69 and a rate of return of 11.37 percent. The company also has 380 bond: outstandino, with a par value of $1.000 per bond. The pretax cost of debt is 6.01 percent and the bonds sell for 95 4 percent of par. What is the firms WACC If the tax rate is 21 percent?

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