A firm has a cost of debt of 7.8 percent and a cost of equity of 15.6 percent.The debt-equity ratio is .52.There are no taxes.What is the firm's weighted average cost of capital?
A)11.76 percent
B)11.29 percent
C)12.93 percent
D)12.47 percent
E)10.20 percent

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The Answer of A firm has a cost of debt of 7.8 percent and a cost of equity of 15.6 percent.The debt-equity ratio is .52.There are no taxes.What is the firm's weighted average cost of capital?
A)11.76 percent
B)11.29 percent
C)12.93 percent
D)12.47 percent
E)10.20 percent

A Firm Has a Cost of Debt of 7