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Golden Eagle has 1 , 2 5 0 bonds outstanding with a market value of $ 9 8 0 each. The pretax cost of debt

Golden Eagle has 1,250 bonds outstanding with a market value of $980 each. The pretax cost of debt is 7.2 percent. The firm also has 46,000 shares of common stock outstanding at a price per share of $32 and a beta of 1.21. The risk-free rate is 2.4 percent, the market risk premium is 7.3 perce
A.9.03%
B.9.79%
C.10.54%
D.10.09%
E.9.98%

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