Question 8 15 pts A firm has an after-tax cost of debt of 8%, and 40 % of its assets are financed though debt. The frim has a beta of 1.5. The required rate of return on the market portfolio is 12%, and the risk free rate is 2%. Based on CAMP, what is the WACC of the frim? (Hint: First, compute the cost of equity using CAPM.) O 15.2% O 11.6% O 12.8% 13.4%