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Eaglet Corporation has the following target and costs associated with its capital structure. Based on these parameters what is Eaglet Corporations weighted average cost of

Eaglet Corporation has the following target and costs associated with its capital structure. Based on these parameters what is Eaglet Corporations weighted average cost of capital? Target common equity weight: 60 percent Target debt weight: 40 percent Cost of equity: 13 percent Cost of debt: 6 percent Tax rate: 30 percent

Please show work so I can learn from explanation, thanks! :)

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WACC = 6.63 percent

WACC = 9.48 percent

WACC = 10.20 percent

WACC = 9.36 percent

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