Question: RightOn Inc. is looking to acquire a small competitor. The market value of RightOn's common stock is $100 million and the market value of their

RightOn Inc. is looking to acquire a small competitor. The market value of RightOn's common stock is $100 million and the market value of their debt is $200 million. Analysts have calculated the cost of common equity to be 17.2% and the cost of debt to be 10%. If the marginal tax rate of RightOn Inc. is 34%, then what is the weighted average cost of capital? 9.81% 12.14% 14.70% 10.13% 13.21%

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