Skolits Corporation has a cost of equity of $11\mathrm{.}5$ percent and an aftertax cost of debt of $4\mathrm{.}53$ percent. The company's balance sheet lists long$-$term debt of $$355,000$ and equity of $$615,000.$ The company's bonds sell for $104\mathrm{.}7$ percent of par and market$-$to$-$book ratio is $2\mathrm{.}89$ times. If the company's tax rate is $21$ percent, what is the WACC?

Multiple Choice

$9\mathrm{.}47\%$

$10\mathrm{.}94\%$

$9\mathrm{.}99\%$

$10\mathrm{.}29\%$

$8\mathrm{.}95\%$