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Paraglide Corp. has a target debt-equity ratio of .48 . Its cost of equity is 16.4 percent, and its pretax cost of debt is 8.2

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Paraglide Corp. has a target debt-equity ratio of .48 . Its cost of equity is 16.4 percent, and its pretax cost of debt is 8.2 percent. If the tax rate is 34 percent, what is the company's WACC? 11.28 percent 11.72 percent 13.20 percent 12.84 percent 12.91 percent

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