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Ho-ho-ho has a target debt-equity ratio of 0.69. (Hint: if you're not sure what to do about debt-equity ratio, watch my YouTube video on that

Ho-ho-ho has a target debt-equity ratio of 0.69. (Hint: if you're not sure what to do about "debt-equity ratio", watch my YouTube video on that topic) The yield to maturity on ts bonds is 9 percent. Its cost of equity is 16 percent. The corporate income tax rate is 34 percent. Calculate the WACC for this company. Multiple Choice 12.49% 10.05% 9.06% 11.89% 11.3%

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