DQuestion 9 1 pts A firm has a $700 million market capitalization and $150 million in debt. It also has $70 million in cash and short-term investments on the balance sheet. Its CAPM beta is 1.6, the yield to maturity on its debt is 5%, the corporate tax rate is 35%, and the required return on its equity is 11%, what is this firm's WACC? O 10.2% O 12.0% O 13.7% O 14.1% O 15.5% Question 10 1 pts A firm's WACC is 10%, its required return on equity is 17%, its cost of debt is 8%, and its tax rate is 25%. what proportion of the firm's capital structure is net debt, and what proportion is equity? 91.3% debt, 8.7% equity 81.4% debt, 47.7% equity 63.6% debt. 36.4% equity 27.2% debt. 72.8% equity O O O