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Calgon Company has a cost of equity of 12.2 percent, a pretax cost of debt of 4.5 percent, and a tax rate of 21 percent. The company's capital structure consists of debt as 45 percent of the company's value on a market value basis. What is the company's WaCC? Convert to a percentage and round to one place past the decimal point. Numeric Response For a firm with publicly held debt, the cost of debt can be measured as Multiple Choice the stock price multiplied by the number of outstanding shares. the coupon rate on bonds. the yield to maturity on the outstanding debt. the beta