market, which does not Most purchases and sales of a firm's stock take place in the involve any money actually going to or exiting the firm. O primary 27 super secondary O premium liquidity Question 2 1 pts A firm has book value of equity of $333 million. Its market capitalization is $600 million. It has $150 million in debt and $40 million in cash and short-term investments on the balance sheet. Its CAPM beta is 1.4, the yield to maturity on its debt is 5%, the corporate tax rate is 20%, and the required return on its equity is 11%, What is this firm's WACC? 0 7.7% 8.5% 9.9% 11.8% 12.2%