multiple choice:

A. 7.90%

B. 6.84%

C. 8.40%

D. 16.00%

TB MC Qu. 11-37 Suppose that Model Nails, Incorporated's capital... Suppose that Model Nails, Incorporated's capital structure features 60 percent equity, 40 percent debt, and that its before-tax cost of debt is 6 percent, while its cost of equity is 10 percent. If the appropriate weighted average tax rate is 21 percent, what will be Model Nails' WACC