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Charlotte's Crochet Shoppe has 14,300 shares of common stock outstanding at a price per share of $75 and a rate of return of t1.61 percent.

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Charlotte's Crochet Shoppe has 14,300 shares of common stock outstanding at a price per share of $75 and a rate of return of t1.61 percent. The company also has 280 bonds outstanding, with a por value of $2.000 per bond. The pretax cost of debt is 6.13 percent and the bonds seil for 97.2 percent of par. What is the firm's WACC if the tax rate is 21 percent? Multiple choice 10+9% 8.47K 977 9.33x 8.63x

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