The Two Dollar Store has a cost of equity of 11.8 percent, the YTM on the company's bonds is 6.3 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is .53, what is the weighted average cost of capital?

The Two Dollar Store has a cost of equity of 11.8 percent, the YTM on the company's bonds is 6.3 percent, and the tax rate is 21 percent. If the company's debt-equity ratio is 53, what is the weighted average cost of capital? Multiple Choice O 8.56% O 9.44% O 6.60% O 9.65% 7.85% O