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Take It All Away has a cost of equity of 10.96 percent, a pretax cost...

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Take It All Away has a cost of equity of 10.96 percent, a pretax cost of debt of 5.46 percent, and a tax rate of 40 percent. The company's capital structure consists of 72 percent debt on a book value basis, but debt is 38 percent of the company's value on a market value basis. What is the company's WACC? Hint: weights are based on market value. 12.06% 8.87% 9.46% 8.04%

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