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Given the following, calculate WACC for company XYZ: Debt:$900 Equity:$600M Cost on Debt: 6% Cost on Equity: 13.0% Tax Rate: 40.0% A) 9.2% B) 6.6%

Given the following, calculate WACC for company XYZ: Debt:$900 Equity:$600M Cost on Debt: 6% Cost on Equity: 13.0% Tax Rate: 40.0%

A) 9.2%

B) 6.6%

C) 8.8%

D) 9.1%

E) 7.4%

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