Elsinore, Inc. only using debt and equity to finance their long-term assets. Elsinore has a target debt weight (Wd) of 0.40. It's before tax cost of debt is 8%, its cost of equity is 14%, and the tax rate is 20%. What is Elsinore's WACC (approximately)? 10.60% 10.96% 7.56% 11.10% 11.60%