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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

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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 capitai 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 12.39% 9.79% 9.14% 975% 8.87%

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