Marks Inc. has found that its cost of common equity capital is 12 percent and its cost of debt capital is 13 percent. If the firm is financed with $300,000,000 of common shares (market value) and $700,000,000 of debt, then what is the after-tax weighted average cost of capital for Marks if it is subject to a 35 percent marginal tax rate?

Group of answer choices

10.43%

14.10%

9.52%

11.33%