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upron Umbrellas has a cost of equity of 12.6 percent, the YTM on the company's bonds is 57 percent, and the tax rate is 21

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upron Umbrellas has a cost of equity of 12.6 percent, the YTM on the company's bonds is 57 percent, and the tax rate is 21 percent. The company's bonds sell for 1042 percent of par The debt has a book value of $438,000 and total assets have a book value of $962.000 if the market-to-book ratio is 3.04 times, what is the company's WACC? Multiple Choice 10294 55 n 1080% A5r 835%

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