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Onboarding Corp. has equity currently valued at $85,650,000 and debt currently valued at $125,480,000. The current YTM on their outstanding debt is 9.15%, and investors

Onboarding Corp. has equity currently valued at $85,650,000 and debt currently valued at $125,480,000. The current YTM on their outstanding debt is 9.15%, and investors currently require a return of 15.30% on their equity. If their tax rate is 25%, then what is their weighted average cost of capital?

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5.99%

10.29%

11.64%

7.57%

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