Jemisen's firm has expected earnings before interest and taxes of $1,900. Its unlevered cost of capital is 14 percent and its tax rate is 35 percent. The firm has debt with both a book and a face value of $2,700. This debt has a 6 percent coupon and pays interest annually. What is the firm's weighted average cost of capital?

	13.56 percent
	12.88 percent
	13.18 percent
	12.71 percent
	12.65 percent