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Ryan Plastics has a target debt to equity ratio of 0.25 . Its cost of equity is 12%, after-tax cost of debt is 8%, and

image text in transcribed Ryan Plastics has a target debt to equity ratio of 0.25 . Its cost of equity is 12%, after-tax cost of debt is 8%, and tax rate is 40%. What is the company's WACC? 9.60% 11.2% 10.67% 10.56% Ryan Plastics has a target debt to equity ratio of 0.25 . Its cost of equity is 12%, after-tax cost of debt is 8%, and tax rate is 40%. What is the company's WACC? 9.60% 11.2% 10.67% 10.56%

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