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Charlotte's Crochet Shoppe has 17.000 shares of common stock outstanding at a price per share of $84 and a rase of refurn of th. 97

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Charlotte's Crochet Shoppe has 17.000 shares of common stock outstanding at a price per share of $84 and a rase of refurn of th. 97 percent. The company also has 370 bonds outstanding, with a par walue of $2.000 per bond. The pectax cost of debt is 6.31 percent and the bonds sell for 99.9 percent of par. What is the firm's WaCc if the tax tate is 24 percent? Mutiple Choice. 9.52% 9195 10047 10,480 90253

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