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Skolts Corporation has a cost of equity of 117 percent and an aftertax cost of debt of 4,47 percent. The company's balance sheet lists long-term

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Skolts Corporation has a cost of equity of 117 percent and an aftertax cost of debt of 4,47 percent. The company's balance sheet lists long-term debt of $345,000 and equity of $605,000. The company's bonds sell for 104.3 percent of par and market-to-book ratio is 283 times. If the company's tax rate is 21 percent, what is the WACC? Multiple Choice 10.13% 9.07% 1110 1044

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