Question $11$

$1$ pts

$11.$ Calculating WACC. Bargeron Corporation has a target capital structure of $80$ pfercent common stock and $20$ percent debt. Its cost of equity is $10\mathrm{.}9$ percent and the pretax cost of debt is $5\mathrm{.}8$ percent. The relevant tax rate is $21$ percent. What is the company's WACC?