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The following data pertains to Xena Corp. Xena Corp. Total Assets $23,610 Interest-Bearing Debt (market value) $11,070 Average borrowing rate for debt 10.2% Common

The following data pertains to Xena Corp. Xena Corp. Total Assets $23,610 Interest-Bearing Debt (market value) $11,070 Average borrowing rate for debt 10.2% Common Equity: Book Value $6,150 Market Value $25,830 Marginal Income Tax Rate 37% Company Beta 1.73 Using the information from the table, determine the weight on debt capital that should be used to calculate Xena's weighted-average cost of capital: Select one: a. 64.0% b. 42.9% c. 30.0% d. 46.9%

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