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Danny Market issues only common stock and coupon bonds. The firm has a debt-equity ratio of 48. The cost of equity is 9 percent and

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Danny Market issues only common stock and coupon bonds. The firm has a debt-equity ratio of 48. The cost of equity is 9 percent and the pre-tax cost of debt is 7.5 percent. The tax rate is 34 percent. What is the capital structure weight of the firm's debt? . 32.43% B. 28.09% C. 48.00% 21.40% D. E. 37.14%

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