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The debt-to-equity ratio of the CI Corp. is 0.15. If its cost of equity is 10.5%, and its pretax cost of debt is 4.5%, what

The debt-to-equity ratio of the CI Corp. is 0.15. If its cost of equity is 10.5%, and its pretax cost of debt is 4.5%, what is the companys WACC? Assume that the tax rate is 30%.

a. 9.54%

b. 8.24%

c. 9.98%

d. 10.24%

e. 8.58%

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