Given the following information, compute the firm's WACC: . The firm's cost of equity = 16% The firm's before-tax cost of long-term debt = 7% . The firm's capital structure is 35% long-term debt and 65% common equity . The firm's marginal tax rate = 25% 10.25% O 12.85% O 12.24% O 13.28%

Given the following information, compute the firm's WACC: - The firm's cost of equity =16% - The firm's before-tax cost of long-term debt =7% - The firm's capital structure is 35% long-term debt and 65% common equity - The firm's marginal tax rate =25% 10.25% 12.85% 12.24% 13.28%