points Kelso's has a debt-equity ratio of 6 and a tax rate of 35 percent. The firm does not issue preferred stock. The cost of equity is 14.5 percent and the aftertax cost of debt is 4.8 percent. What is the weighted average cost of capital? 10.67 percent 11.57 percent 11.38 percent 10.46 percent 10.86 percent Which of the following formulas is INCORRECT? O g = Retention Rate x Return on New Investment Div = EPS4 x Dividend Payout Rate YE = (Divi/Po) - 2 Po = Divi/ (E-8)