Lannister Manufacturing has a target debt$-$equity ratio of $0\mathrm{.}57.$

Its cost of equity is $16$ percent, and its cost of debt iS $9$

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Lannister Manufacturing has a target debt$-$equity ratio of $0\mathrm{.}57.$ Its cost of equity is $16$ percent, and its cost of debt is $9$ percent. If the tax rate is $35$ percent, what is the company's WACC?

Multiple Choice

$12\mathrm{.}93\%$

$9\mathrm{.}54\%$

$10\mathrm{.}21\%$

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$12\mathrm{.}31\%$

$11\mathrm{.}7\%$ercent. If the tax rate is $35$ percent, what is the company's

WACC?Multiple Choice $12\mathrm{.}11\%12\mathrm{.}75\%9\mathrm{.}75\%11\mathrm{.}06\%$