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Solve for the weighted average cost of capital (WACC) for Lightning Complex Corp (LC). LC has a beta of 2 and a debt-to-equity ratio 3.

Solve for the weighted average cost of capital (WACC) for Lightning Complex Corp (LC). LC has a beta of 2 and a debt-to-equity ratio 3. The risk-free rate is 3% and the market risk premium 8%. LC pays a 8% interest rate on its debt.

	A.	Not enough information
	B.	10.75%
	C.	16.25%
	D.	11.55%
	E.	8.35%

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