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Take It All Away has a cost of equity of 1 0 . 4 5 percent, a pretax cost of debt of 5 . 2

Take It All Away has a cost of equity of 10.45 percent, a pretax cost of debt of 5.21 percent, and a tax rate of 21 percent. The company's capital structure consists of 65 percent debt on a book value basis, but debt is 25 percent of the company's value on a market value basis. What is the company's WACC?
Multiple Choice
8.17%
9.14%
8.87%
9.75%
12.39%
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