Current Total debt $$0$ Tax rate $25\%$

Structure Beta $1\mathrm{.}1$

Target Wd $30\%$ Tax rate $25\%$

Structure Ws $70\%$

Market Rf $4\%$

Information Market Risk Premium $9\%$

What is the target cost of capital?

Group of answer choices

$23\mathrm{.}06\%$

$11\mathrm{.}04\%$

$13\mathrm{.}16\%$

Not enough information

Please show how to solve using excel.