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Yellow Submarine, Co . has a cost of equity of 1 0 . 8 4 percent, a cost of debt of 5 . 4 7

Yellow Submarine, Co. has a cost of equity of 10.84 percent, a cost of debt of 5.47 percent, and a tax rate of 21 percent. The company uses only debt and equity and the company's percentage of debt in its capital structure is 38%. What is the company's WACC?
A.6.60%
B.8.80%
C.10.82%
D.8.36%

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