The Crabtree Company's cost of common equity is 12 percent, its before-tax cost of debt is 7 percent, and its marginal tax rate is 35 percent. The stock sells at book value. Using the following balance sheet, calculate Crabtree's WACC Assets Liabilities and Equity Cash $140 Accounts receivable 10 Inven 520 Langermette 51278 Net planten 2500 Total $3.500 Totes and 10.1754 8.51% 6.619 d. 8 28% 9.289 Suppose a firm has estimated its weighted average cost of capital (WACC) to be 12%. A reasonable estimate of the cost of capital for a project with above average risk might be... Ca. 14% Cb 10% Bc 12