The Two Dollar Store has a cost of equity of 11.3 percent, the YTM on the company's bonds is 5.9 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is .48, what is the weighted average cost of capital?

Multiple Choice

• 9.37%

• 9.15%

• 6.06%

• 7.70%

• 8.40%