The debt to income ratio of your company is 1.23. The bonds of your company are currently yielding 5.3%. The tax rate your company faces is 21%. The beta of your company is 0.75. The expected market return is 12% while the risk-free rate is 3%. What is the weighted average cost of capital for your company?

• 6.68%

• 5.67%

• 6.15%

• 8.46%

• 7.69%