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Nicholson Corporation has a debt-to-equity ratio of 0.75. Its cost of equity is 12 percent, and the pretax cost of debt is 8.2 percent. The

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Nicholson Corporation has a debt-to-equity ratio of 0.75. Its cost of equity is 12 percent, and the pretax cost of debt is 8.2 percent. The relevant tax rate is 28 percent. What is the company's WACC? (HINT: Total Debt + Total Equity = Total Assets). Select one: A. 7.50% B.8.20% C. 8.52% D. 9.38% E. 10.48%

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