Question: apters 12, 13, and Derivatives Chapter) 33 ces Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.84. Its cost of equity

apters 12, 13, and Derivatives Chapter) 33 ces Rainbow in the Dark Manufacturing has a target debt-equity ratio of 0.84. Its cost of equity is 12.0 percent, and its cost of debt is 5.0 percent. Required: If the tax rate is 35 percent, what is the company's WACC? O 2.81% O 8.01% O 3.81% O 10.88% O 7.07%

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