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Larry's Levers, a large manufacturer of crowbars, has a book value debt-to-equity ratio of 0.30 and a market value debt-to-equity ratio of 0.5 . The

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Larry's Levers, a large manufacturer of crowbars, has a book value debt-to-equity ratio of 0.30 and a market value debt-to-equity ratio of 0.5 . The tax rate is 30%. If the cost of equity is 13.2%, and the cost of debt is 7.4%, what is the firm's WACC? A. 10.53% B. 8.01% C. 9.19% D. 11.35%

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