Suppose that ACRC cross-lists on the U. market and this causes their equity cost of capital to be 7%.

Suppose that ACRC cross-lists on the U.S. market and this causes their equity cost of capital to be 7%. If the company has a debt to equity ratio of 3, a tax rate of 25% and an interest rate of 5% on its debt, what is ACRC's WACC?

a.5.38%b..0456%c.4.56%d.6.19%e.None of the above