CX Outerspace Inc. has a cost of equity of 12 percent, a pretax cost of debt of 6 percent, and a tax rate of 34 percent. The company's capital structure consists of 65 percent debt on a book value basis, but debt is 30 percent of the company's value on a market value basis. What is the company's WACC?

Group of answer choices

9.59%

10.14%

6.77%