ABC Corp is a company with a capital structure consisting of $60\%$ equity and $40\%$ debt. The cost of equity is $10\%,$ and the cost of debt is $5\%.$ The corporate tax rate is $30\%.$ What is the WACC for ABC Corp?

Select one:

$7\mathrm{.}4\%$

$9\%$

$11\mathrm{.}75\%$

$8\mathrm{.}2\%$

$10\mathrm{.}2\%$