Dell has67% debt, 33% equity, a cost of equity of 12 percent and a cost of debt of 8 percent. What is the return on assets or WACC?

Group of answer choices

9.8 %

10.68 %

9.32%

10.2%

In the real world, If Dell's marginal tax rate is 22%, what is its actual cost of capital?

Group of answer choices

8.66%

9.32%

8.1%

9.66%

9.32%

10.2%