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Charlotte's Crochet Shoppe has 17,300 shares of common stock outstanding at a price per share of $85 and a rate of return of 12.01 percent

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Charlotte's Crochet Shoppe has 17,300 shares of common stock outstanding at a price per share of $85 and a rate of return of 12.01 percent The company aiso has 380 bonds outstanding, with a par value of $2.000 per bond. The pretax cost of debt is 6.33 percent and the bonds sell for 100.2 percent of par. What is the firm's WACC if the tax rote is 21 percent? Munple Choice 1007 872x 962x 10.5B 8.892

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