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Take it All Away has a cost of equily of 10.45 percent, a pretax cost of debt of 5.21 percent, and a tax rate of

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Take it All Away has a cost of equily of 10.45 percent, a pretax cost of debt of 5.21 percent, and a tax rate of 21 percent. The company's capital structure consists of 65 percent debt on a book value basis, but debt is 25 percent of the company's value on a market value basis. What is the company's WaCC? Munipie Choice 8 87sin 478. 1) 40%

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