Take It All Away has a cost of equity of 10.57 percent, a pretax cost of debt of 5.29 percent, and a tax rate of 21 percent. The company's capital structure consists of 69 percent debt on a book value basis, but debt is 29 percent of the company's value on a market value basis. What is the company's WACC?

Multiple Choice

a)7.30%

b)8.72%

c)11.96%

d)9.04%

e)9.64%