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Suppose Daunty Ltd. has the following information, what is its WACC? It has a 44% corporate tax rate and is funded as follows. $284,000,000 equity

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Suppose Daunty Ltd. has the following information, what is its WACC? It has a 44% corporate tax rate and is funded as follows. $284,000,000 equity with a return of 20.4% $102,000,000 debt with a pre-tax cost of 10.9% $55,000,000 preferred with a 13.5% cost of preferred a) 17.3% b) 16.2% c) 13.2% d) 14.3%

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