Where am I going wrong?!

nd to accept some risky projects that it shuld WACC calculation 2. Assume that you are on the financial staff of Moerdyk Enterprises, and you have collected the following data: (1) The yield to maturity on the company's outstanding 8% annual coupon bonds is 6.0%, and its tax rate is 25%. (2) The risk-free rate is 3.0%, the market risk premium (rM- RF) is 5.0%, and the firm's beta is 1.20. (3) The firm's capital structure consists of 45% debt and 55% equity. What is Moerdyk's WACC? a. 4.50% b. 5.67% c. 6.00% d. 6.98% e. 9.00% WACC = (WL- 0:45) (ra- 0.ou)- 0-25) (We - 0.55) (o 03+lp.051|.6)) WACC = (45)(.045) (56)(1-28) . 0L025 + 0.704 124 25 6.104 WACC = 45 x (-00)U-2 .56 x [00s 0)-10)] WACC - [45 x CO(-. 5] +[.55 x [08 +03 .071 WACC = ,02025 + (.55 x 14)- 9.725 .02025 + (i65 x.1) 0605 - 8.075