rate is 21 percent. What is the WACC for HDN? Multiple Choice 8.783% 13.1\% 8.054% 9.233%

A Hard Days Nlgfnt (HDN) has a capltel structure tho: Is based on 43 percent debt, g percent preferred stock, end 48 percent common stock The cost of debt Is 5.2 percent, the cost of preferred Is 8.1 percent. and the cost of common stock Is 13.1 percent. The ti rete Is 21 percent Whet Is the WACC for HDN? Multiple Choice o o o 13.1% 8.0S4%