Take It All Away has a cost of equity of 11.05 percent, a pretax cost of debt of 5.40 percent, and a tax rate of 35 percent. The company's capital structure consists of 69 percent debt on a book value basis, but debt is 55 percent of the company's value on a market value basis. What is the company's WACC?

Group of answer choices

6.90%

8.30%

9.07%

8.41%

7.68%