Question 4 4 pts Marten Corp has a 12% WACC with a 15% expected return on equity and a 80% debt-to-asset ratio. If Marten pays no income tax, what is the return on debt? If the debt-to-asset ratio decreases to 30%, now what is Marten's WACC? 9.60% return on debt; 13.38% WACC 11.25% return on debt; 6.38% WACC 9.60% return on debt; 10.68% WACC 11.25% return on debt; 12.00% WACC