multiple choice:

A. 9.45%

B. 11.30%

C. 10.64%

D. 8.93%

TB MC Qu. 11-45 Suppose that TNT, Incorporated has a... Suppose that TNT, Incorporated has a capital structure of 43 percent equity, 23 percent preferred stock, and 34 percent debt. If the after-tax component costs of equity, preferred stock and debt are 15.4 percent, 10 percent and 7 percent, respectlvely, what is TNT's WACC if the firm faces an average tax rate of 21 percent