Jerry Jeff, Inc. has $11,900$ shares of common stock outstanding at a price per share of $$67$ and the rate of return on the stock is $11\mathrm{.}29$ percent. The value of Jerry Jeff's debt is $$341,280$ and the required rate of return on the debt is $5\mathrm{.}97$ percent. What is the Jerry Jeff's WACC if the tax rate is $21$ percent?

Multiple Choice

$8\mathrm{.}76\%$

$9\mathrm{.}70\%$

$8\mathrm{.}59\%$

$9\mathrm{.}32\%$