ABC company has a capital structure of $7.1 million and it is made up of $5.6 million in equity and $1.5 million in debt. E = $5,600,000 D = $1,500,000 Tax Rate (T) = 21% Cost of debt = .06 Cost of...

ABC company has a capital structure of $7.1 million and it is made up of $5.6 million in equity and $1.5 million in debt.

E = $5,600,000

D = $1,500,000

Tax Rate (T) = 21%

Cost of debt = .06

Cost of Equity = .09

Use the information given above and calculate the Weighted Average Cost of Capital.