Drozs Hiking Gear, Inc has found that its common equity capital shares have a beta equal to 1.0 while the risk.free return is 8 percent and the expected return on the market is 14 percent. It has 7 -year semianntal maturity bonds outstanding with a price of $76703 that have a coupon rate of 7 percent. The firm is financed with $120,000,000 of conmon shares imarket valuel and $80,000,000 of debe. What is the after-tax weichted average cost of capital for Droz's, If it is subject toa 35 percent marsinal tax rate? 11.52%10.20%11.88%13.32%