Upton Umbrellas has a cost of equity of TL7 percent, the YTM on the company's bonds is 6.3 percent, and the tax rate is 21 percent. The company's bonds sell for 103.3 percent of par. The debt has a book value of $411,000 and total assets have a book value of $953,000. If the market to book ratio is 277 times, what is the company's WACC? Multiple Choice 8.36% O 8.48% 577% 961 1022%