The following data pertains to Lowell Corp. Assuming that the risk-free rate is 4.2% and the market risk premium is 6.2%, calculate Lowell's weighted-average cost of capital. Lowell Corp. Total Assets $14,680 Interest-Bearing Debt $ 8,124 Average borrowing rate for debt (Kd) 11.0% Common Equity: Book Value $ 5,120 Market Value $25,700 Marginal Income Tax Rate 21% Market Equity Beta 1.275 11.10% 11.19% 11.29% 10.98%