WACC Review Consider the following information for Company ABC. Debt: $75,000,000 book value outstanding. The debt is trading at 90% of book value. The yield to maturity is 9%. Equity: 2,500,000 shares selling at $42 per share. Assume the expected rate of return on ABC's stock is 18%. Marginal tax rate is Tc = 0.21. Calculate the after-tax weighted-average cost of capital (WACC). Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 10.74% b 12.12% C 13.75%