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Kelso's has a debt - equity ratio of 0 . 6 and a tax rate of 3 5 percent. The firm does not issue preferred

Kelso's has a debt-equity ratio of 0.6 and a tax rate of 35 percent. The firm does not issue preferred stock. The cost of equity (rs) is 14.5 percent and the aftertax cost of debt (rd) is 4.8 percent. What is the weighted average cost of capital?
Question 9 options:
10.46 percent
10.67 percent
10.86 percent
11.38 percent
11.57 percent

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