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Take It All Away has a cost of equity of 10.84 percent, a pretax cost of debt of 5.47 percent, and a tax rate of

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Take It All Away has a cost of equity of 10.84 percent, a pretax cost of debt of 5.47 percent, and a tax rate of 21 percent. The company's capital structure consists of 76 percent debt on a book value basis, but debt is 38 percent of the company's value on a market value basis. What is the company's WACC? Multiple Choice 8.80% 10.82% 8.36% 9.39% 6.60%

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