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Marzipan, Inc. has a cost of common equity capital of 17% and a cost of debt of 6%. The firm is financed with $3000.000 of

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Marzipan, Inc. has a cost of common equity capital of 17% and a cost of debt of 6%. The firm is financed with $3000.000 of common share market value and $200000 What is the after-tax weighted average cost of capital for Marzipan, if it is subject to a 40% tax rate? 8.96% 12.60% 11.64% 11.16%

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