multiple choice:

A. 9.36%

B. 10.27%

C. 11.84%

D. 24.00%

TB MC Qu. 11-36 Suppose that TipsNToes, Incorporated's capital structure... Suppose that TipsNToes, Incorporated's capital structure features 40 percent equity, 60 percent debt, and that its before-tax cost of debt is 9 percent, while its cost of equity is 15 percent. If the appropriate weighted average tax rate is 21 percent, whot will be TipsNToes' WACC