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Take It All Away has a cost of equity of 10.63 percent, a pretax cost of debt of 5.33 percent, and a tax rate of

Take It All Away has a cost of equity of 10.63 percent, a pretax cost of debt of 5.33 percent, and a tax rate of 22 percent. The company's capital structure consists of 71 percent debt on a book value basis, but debt is 31 percent of the company's value on a market value basis. What is the company's WACC? Multiple Choice 8.99% 9.10% 11.67% 8.62% 9.59%

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