Question $4(1$ point$)$

The Two Dollar Store has a cost of equity of $12\mathrm{.}3$ percent, the YTM on the company's bonds is $5\mathrm{.}8$ percent, and the tax rate is $24$ percent. If the company's debt$-$equity ratio is $\mathrm{.}58,$ what is the weighted average cost of capital?

Question $4$ options:

$10\mathrm{.}03\%$

$8\mathrm{.}30\%$

$7\mathrm{.}60\%$

$9\mathrm{.}40\%$

$7\mathrm{.}31\%$