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Take It All Away has a cost of equity of 10.60 percent, a pretax cost of debt of 5.31 percent, and a tax rate of

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Take It All Away has a cost of equity of 10.60 percent, a pretax cost of debt of 5.31 percent, and a tax rate of 40 percent. The company's capital structure consists of 70 percent debt on a book value basks, but debt is 30 percent of the company's value on a market value basis. What is the company's WACC? Multiple Choice 9.0196 1182 9619 1 90% 11.82% 96% 8.38% 100%

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