TB MC Qu. 11-119 Suppose that T-shirts, Incorporated's capital structure... Suppose that T-shirts, Incorporated's capital structure features 25 percent equity, 75 percent debt, and that its before-tax cost of debt is 8 percent, while its cost of equity is 12 percent. If the appropriate weighted average tax rate is 21 percent, what will be T-shirts' WACC? Multiple Choice 9.00 percent 7.74 percent 7.20 percent 4.75 percent