Andrea's Markets has debt of $318,200,equity of $493,500,an aftertax cost of debt of 6.80 percent,a cost of equity of 13.39 percent,and a tax rate of 34 percent.What is the firm's weighted average cost of capital?
A)9.90%
B)10.94%
C)9.87%
D)10.81%
E)10.05%

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The Answer of Andrea's Markets has debt of $318,200,equity of $493,500,an aftertax cost of debt of 6.80 percent,a cost of equity of 13.39 percent,and a tax rate of 34 percent.What is the firm's weighted average cost of capital?
A)9.90%
B)10.94%
C)9.87%
D)10.81%
E)10.05%

Andrea's Markets Has Debt of $318,200,equity of $493,500,an Aftertax Cost