Upton Umbrellas has a cost of equity of 112 percent, the YTM on the company's bonds is 5.8 percent, and the tax rate is 39 percent. The company's bonds sell for 93.2 percent of par. The debt hos a book value of $396,000 and total assets have a book value of $948,000. If the market-to-book ratio is 262 times, what is the company's WACC? Multiple Choice 7907 9385