times, what is the company's WACC? Multiple Choice 5.40% 10.97% 10.50% 8.49% 8.32%

Upton Umbrellas has a cost of equity of 129 percent, the YTM on the company's bonds is 5_4 percent, and the tax rate is 21 percent. The company's bonds sell for 104_5 percent of par. The debt has a book value of $447,000 and total assets have a book value of $965,000. If the market-to-book ratio is 313 times, what is the company's WACC? Multiple Choice O O O O O 5.40% 10.97% 10.50% 849% 832%