General Electric has a debt-to-equity ratio of 49.25%. In addition, you have collected the following data from the financial markets: The risk-free rate is 2.00%. The average return on the stock market for the last several years has been 6.55%, General Electrics debt is trading at a yield-to-maturity of 5.63%; and General Electrichas a beta of 1.03 if the corporate tax rate is 30%, then the weighted average cost of capital for General Electric is:

5.33%

5.78%

4.23%

5.29%